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Biotech / Medical : Femrx(fmrx)

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To: trevor john wilkinson who wrote ()1/27/1997 4:40:00 PM
From: James Silverman   of 35
 
Yes Trevor, I do know a little bit about the company. I have been looking into them of late but still have a lot to uncover as to their potential.
They are marketing a product for Abnormal Uteran Bleeding (AUB) it is noninvasive and is marketed to be a replacement for hysterectomies.
Anectodal remarks I have heard have been quite positive and the product definitely fills a need.
$27M market value, $20M cash on hand.
Sales slow, but they just began marketing in October.
I need to find out more as to what they have in terms of a potential recurring revenue stream and when they expect sales to ramp up to meaningful levels. In the meantime I purchased some shares as their appears to be little downside left, given the cash to market value.
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