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VaxGen, Inc. (VXGN) Message Board

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  • aaastefano aaastefano Sep 12, 2003 3:33 PM Flag

    Smart money gets out today

    700M contract on a cost-plus basis which equates to op-margins of 30% or $210M that goes directly into the bottom-line...with other candidates etc....etc...put a let's say 10X PE on it (this low as it is not recurring but has limited life of 3 years that can be extended for sure but...)and hooooo you arrive at a fair stock price of $70. I tell you one thing....smart money does not sell but buy today...I am long and I prefer to sell at 0 than sell here !!! this is just the real 1st day that somebody wake up, stop looking every minute what a stock does....