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Biotech / Medical : Biotech & Pharma.T.A,

BIB 83.68

+0.1%

Nov 28 4:00 PM EST

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To: Jibacoa who wrote (1246)	7/18/2005 10:35:03 AM
From: Jibacoa	Read Replies (1) of 3722

KOSN Is up for 2nd day on a roll after it nnounced today that it has secured a $35M line of credit.<g> The $35M is being provided by Silicon Valley Bank and upon drawdowns converts to a five-year term loan with a 2yrs of interest-only payments and a balloon payment at the end of the five-year period. The stock is up more than 13% today. bigcharts.marketwatch.com KOSN Reportedly has around $2.13 in cash/shr, but it is expected to have a loss around $1.10/shr in 2005 and $0.95 in 2006. It also had a negative cash flow around $22M <g> Bernard

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