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InterMune Inc ITMN



NDAQ:ITMN - Post by User

Comment by SurajKGuptaon Jun 09, 2008 1:01am
1081 Views
Post# 15159974

RE: Struggles

RE: StrugglesI defintely agree, this company is not an attractive buy right now because they have no solid cash creators in the market.  Sure they have some prospects in phase 1 testing, but they have a lot further to go before they can consider marketing these products, and even $211 million in cash can be depleted quickly, especially when you have to incur costs of inevitable problems during testing, as well as when you are losing $27 million every 3 months.  This company does not seem to have much of value to offer investors, and if the FDA decides to deny them approval of one of their new drugs, I can almost guarentee a new 52 week low.
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