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Biotech / Medical : Lukens Medical

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To: Alan Cole who wrote (20)7/27/1997 11:03:00 PM
From: Tom Friedel   of 55
 
> Future scheduled debt payments at December 31 are:
>
> 1997 $ 2,002,191

I decided not to buy LUKN at 5.0 because I didn't know how to analyze this from the 10K. I understand that the debt is to the owners, and not to a bank (who might shut the company down to collect), so I imagine the due date might be pushed back ? Also the cash flow statement didn't look good to me, but I don't take my first accounting class until Fall semester.

tom
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