CMTR-CHEMTRAK FDA OK Message Board

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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: jeeza who wrote (645)	4/16/1997 10:04:00 PM
From: Art Baer	of 1172

Good Evening jeeza- <they are losing 1.3M a quarter ie loss per quarter which means they will survive another 3-5 quarters depending whether you add the> Let me remind you of some basic accounting my compadre. Although they are losing 1.3 million this includes depriciation. That is not cash. Like I said a few posts back they actually are burning only .5 million a quarter in cash. That is what is important. I could not give a rats ass if they depriciate more. They have 2 years left at this level of operation. A level we will not be at long. We are on the launching pad. Any one got a light? Art

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