RNAI rally underway, page-20

One thing people are forgetting in valuation is the strength of the management team. Call it the "French Factor". FMV as determined by cash + intellectual property (patents, Suhy) + expected value of ongoing programs + a few other things x 0.70 (French et al factor) = valuation. Maybe 0,70 is being too complimentary?

For the sake of argument, assume fantastic results. Does anyone think this management team along with the rubber stamp board can take us to the next level(s)? There are so many ways to eff it all up and we all know the old saying by Santayana that "Those who cannot remember the past are condemned to repeat it,"