In 1975 Bill Gates had a dream of putting a computer into every home.
In 1978-79, I did computer studies in an engineering degree course. In those days computers were very difficult mathematical machines, that belonged in universities. Most would have thought Gates' dreams to be crazy(that is if we had known of him). Why would anyone buy shares into something like that. But look what happenned.
I haven't researched it but I would presume the drug market is bigger than the computer software market.
Five years back cancer was an incurable disease. There are now treatements for certain cancers.
Would PYC be Microsoft size if in 2020 they had:
- a 5% stake in half of the cancer drugs on the market,
- a 5% stake in half of the antibiotics on the market,
- a 5% stake in half of the intracellular drugs on the market.
You may say that I'm being overly optimistic (possibly due to my 3rd dry red on a fri night), but what if I'm right.
I'm sure there were plenty who became disillusioned with Microsoft and got out in their research stage, only to think what could have been, later.
IMO, PYC will probably be bought out in the next 2yrs for a price exceeding US$400mil. I would prefer see PYC run it's full term and show it's full potential, as with microsoft.
Cheers and have a good weekend ST (hic)
PYC Price at posting:
6.6¢ Sentiment: None Disclosure: Held
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