SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Keravision(kera)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: trevor john wilkinson who wrote ()3/22/2000 1:09:00 PM
From: bogatiy  Read Replies (1) of 338
 
The TRUTH about KERA's overinflated stock price!

Revenues totaled $1.9 million for the fourth quarter and consisted largely of sales from surgical instrument sets and start-up inventories of Intacs for correcting mild nearsightedness (myopia). This compares to revenues of $4.19 million in the third quarter of 1999. A decrease in revenue of 55%.

WOW, THIS COMPANY IS SUPPOSED TO BE GROWING NOT SHRINKING.

Net loss for the 1999 fourth quarter was $9.5 million versus $7.2 million for the fourth quarter in 1998.

The net loss for the year was $27.3 million compared to a loss of $24.0 million in 1998.

NET REVENUES FOR 2000 ARE EXPECTED TO BE AROUND $2.3 MILLION, WITH NET LOSSES EXPECTED TO BE ABOUT $48 MLN. BUT WAIT, HOW COULD THAT BE? THAT'S BECAUSE TRAINING REVENUES ARE FINISHED AND NOT MANY DOCTORS NEED ANY REPLACEMENT INTACS. PLUS LASIK COSTS ONLY $900 PER EYE NOW! INTACS ARE ABOUT TO BURN JUST LIKE IRIDIUM'S SATELLITES. IN A FEW MONTHS KERA WILL JUST BE A BITTER MEMORY!

IF KERA STOCK SELLS FOR 4 TIMES REVENUES, THE SHARE PRICE WILL BE 50 CENTS! THAT'S GENEROUS, BECAUSE THE PRICE TO SALES RATIO COULD ACTUALLY BE LESS THAN 1, meaning the stock price would be pennies.

THAT'S WHERE THE PRICE WILL BE BY YEAR END. THEN KERA WILL GO INTO BANKRUPTCY.

OH TOO BAD, BOSS, BOSS, DA PAIN, DA PAIN! BUT THE PAIN ISN'T AS BAD AS HAVING INTACS IN YOUR EYES. NOW THAT'S REALLY BAD PAIN!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext