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Biotech / Medical : Sonus Pharma (SNUS) ? Opinions

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To: tuck who wrote (379)9/24/2007 8:39:16 AM
From: rkrw   of 384
 
On cash:

<<as the stock is trading for 1/2 cash, premarket.>>

Cash is about a buck a share, 9/30 est.

<<Cash and investments totaled $44.3 million at June 30, 2007. Under current forecasts, the Company has sufficient cash to fund operations through the second quarter of 2008.<<<

I'm sure a fat restructuring will stretch this.
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