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Biotech / Medical : ACMI - Accumed Inc.
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To: Patrick Serafino who wrote (1601)3/31/1998 1:57:00 PM
From: Sigmund   of 1894
 
I wouldn't count on a profit for at least a year and probably two. This is now a development stage company with essentially no significant revenues. But many of their products have already achieved FDA approval so that is a leg up. But the marketing expense will increase and there will be significant extraordinary expenses for at least the next six months.

The story is the thing now....not earnings.
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