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Strategies & Market Trends : CYTC - How High Can It Go!

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To: Ted Downs who wrote (22)5/22/1997 10:12:00 PM
From: chenys   of 185
 
There was an article on New York Times this past Sunday regading Women's care business. CYTC caught my eyes as having the lost market cap to cash ratio (about x2.8 as I recall). But then I looked at the company profile and being a layman to health care business I was discouraged by its huge loss. I am used to high tech company's loss because things can turn around quickly, but for this one I have no idea at all. I sort of passed this hand, but your comments will be greatly valued here. (Right afetr the NYT report, CYTC actually went south quite a bit.)
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