Vion (formerly Oncorx) interesting play on Gene Therapy Message Board

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Biotech / Medical : Vion (formerly Oncorx) interesting play on Gene Therapy

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To: Jim Oravetz who wrote (273)	5/1/2002 12:41:56 PM
From: Dave	Read Replies (1) of 370

Vion's 1Q02 earnings, reported yesterday, is surprising. The company GROSSED $47,000 in income. Geez, you could make that by selling web banner space on a personal web page. $47K! At their current burn rate of $4M per quarter, they will start defaulting on their payroll and utility bills in 2Q03. Some months before that happens, key employees will have already packed up their bunsen burners and test tubes and walked. IS THERE NOT EVEN A PLAN FOR FIXING THIS COMPANY BEFORE THE MONEY RUNS OUT??? Dave

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