Innerdyne -- Why are they still losing money? Message Board

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Biotech / Medical : Innerdyne -- Why are they still losing money?

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To: Peter who wrote (11)	10/9/1997 7:48:00 PM
From: Charles W. Breaux, Jr.	Read Replies (2) of 68

'97 Q3 results: biz.yahoo.com William G. Mavity, InnerDyne president and CEO, commented that "InnerDyne is very pleased with the continuing double-digit quarter to quarter growth in our base minimally invasive surgical access business, as well as the significant contributions in the quarter from our various licensing agreements. In combination, these events have enabled the company to report its first profitable quarter, and to continue the progression toward sustainable profitability.'' Now that the company has reached profitability & will hopefully grow profits Q-to-Q, I hope that the share price will take off. Good investing! Chuck

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