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charmed1

05/06/08 8:47 PM

#4203 RE: ethan77 #4202

It comes from the reality that a buyout in this space is
only done at a premium of 100 to 150% over the prevailing
market cap....if Repros stock doesnt appreciate up to an
appropriate level from which 150% premium buyout gets us
to a level that Joe will accept..then we are forced to play
it out from a licensing royalty arrangement......we will
have to take a long term perspective..generate eps and
hopefully the stock will trade at an appropriate multiple
to that eps to get the stock price much higher....