Web,
About BINC see:
washingtonpost.com
and this:
Dale Baker who wrote (24696)
From: Londo
Friday, Apr 13, 2001 3:32 PM
Respond to of 24700
Again, congrats on BINC Dale.. but just to sober you guys up, I'll add the following:
BINC's balance sheet still isn't exactly the strongest on the planet. When it comes to negotiating royalty deals with other companies,
they would be limited as others could see that they don't have a lot of room to move about.
Arla won't bring in any royalties for a couple years, so there's going to be some time before you'll see revenues ramp up.. so it won't be
a billion-dollar product tomorrow (or ever)..
If its shown later on that the product isn't save, BINC would crash.
Obviously, approval is a significantly good event, and for a $100M market cap (and otherwise barely profitable operations), seems like
a good gamble.. but hearing people talk about this being a $100 stock is totally pre-mature. Management has to prove they can ramp
up growth, and make the product as profitable as possible.. royalty funding should help in a couple years, but the big $$$ is if they
sell the stuff directly themselves, which req |
