re NR and CC
I think that it is pretty clear that the groundwork continues to progress, but we are a few nickels and dimes short on revenue, at least this quarter. We will see if they stand by the annual revenue projections previously made. It is also clear that the $23M gain has substantial meaning even if it is a paper profit and not cash in the register. Were there no CC tomorrow I would say it is a toss up who will control the SP tomorrow - perhaps a few pennies up or a few pennies down without much consequence for those of us who are long term holders. However there is a CC in the moorning and it will be up to PL to make believers out of those who wold sell, about all the many things begining to happening in the next several months such as the orphan drugs and 4050 trials etc etc and perhaps even convince us that we will have a backend loaded year on the revenue as well. so the ball is in PL's court. He will determine whether we trade up or down tomorrow.
Glta
Stockman