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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: squetch who wrote (1854)7/29/1997 3:12:00 AM
From: Andrew H   of 9719
 
>>I don't remember this being previously indicated, but my brain is like Swiss Cheese<<

Since you were kind enough to give me such a wide opening, I will be kind enough not to take advantage of it.

Perhaps in the last letter to shareholders or at the quarterly meeting, I believe the subject was raised that CYTO would need additional financing of some sort to tide them over to profitability. I don't think it will be a problem with quad on the market and Pros sales increasing. jonney was saying on the thread they had an offer form First Boston to loan them 30M.

I believe the company takes in $700 for each Pros scan. If that's correct, according to my calculator, 1286 scans were done this Q. If you figure an average of 115 sites for the Q, that's an average of about 11 scans per site/Q or almost 1 per week. Its late so I hope my calculations are accurate. The scans are not easy to read and need extensive training so they may be catching on slowly. I guess these things take time. Someone ought to be getting the Blend technique widely dispersed.

I don't think the bump was due to the Forbes article. I believe it occured after earnings were announced and folks saw there were no big negative surprises. Forbes couldn't have hurt though
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