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Biotech / Medical : Innerdyne -- Why are they still losing money?

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To: Charles W. Breaux, Jr. who wrote (4)5/19/1997 9:13:00 PM
From: Peter   of 68
 
I think it is a $5. stock, anyway....in the next year. If the markets hold and the losses narrow and go positive in the fourth quarter we should see $4.00, at least, by year end.

My concern is the market....it has to go beyond pediatrics. Bless the kids but the markets in pediatrics are often too small to sustain major growth strategies. They have to get to the adult. There in lies the 64 dollar question...can they? and if they can't, will someone like USSC or Ethicon buy them out?

I know the management team well....but I am not sure even they can answer the questions (nor would they!).

Good luck!
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