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Merrimack Pharmaceuticals, Inc. Message Board

boogins_00 3 posts  |  Last Activity: Jun 13, 2016 7:05 AM Member since: Jul 8, 1998
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  • Reply to

    Any new word on the street?

    by caretaker12david Jun 9, 2016 5:53 PM
    boogins_00 boogins_00 Jun 13, 2016 7:05 AM Flag

    Correction: The SNAMrete contract(Italian) will deliver at least $4.5M new revenue a quarter for the next two years, not $1.5 as I stated in my last post. As I understand it, the contract calls for 3300 units over the next three years and prorating that out at an average of 300 per quarter and at $15000 per unit, you get $4.5M a quarter. That's serious change for a company this size.

  • Reply to

    Any new word on the street?

    by caretaker12david Jun 9, 2016 5:53 PM
    boogins_00 boogins_00 Jun 10, 2016 12:01 PM Flag

    I don't know his son or the Board, but I have heard very good things about Bill Clough. Despite what you read here, he's apparently very hard working and straightforward. Never spoken to him myself, but have a fund manager pal who has spoken with him and gives him high marks.

  • Reply to

    Any new word on the street?

    by caretaker12david Jun 9, 2016 5:53 PM
    boogins_00 boogins_00 Jun 10, 2016 4:01 AM Flag

    There may be some jockeying going on with funds that bet on additions to the Russell 2000. They play games shorting and going long with companies that get listed or fail to. It looks to me like pure 'fun and games' by the hedge fund crowd, as the future here seems more than bright. The Italian contract alone will begin delivering at least an additional $1.5M a quarter for the next two years(and possibly much more), the French seem to be close to signing on(per last conference call), and the Brits are on board as well with two contract announcements in the past quarter. The gas pipeline technology is has been vetted for three years, beat all comers, and now stands to become the industry standard. Given the growth in the natural gas market, that is a nice place to be.

MACK
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