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Biotech / Medical : CardioThoracic Systems (CTSI)

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To: Bob Jagow who wrote (140)10/21/1997 7:01:00 PM
From: Pierre Borczuk  Read Replies (1) of 207
 
Seems pretty slow over here. Any comments on today's earnings report?
biz.yahoo.com

1. The Multivessel CABG system is shipping

2. The POEM study is underway. If CTSI can show that their patency rates are good and that they can do 2-3 vessel CABG, then it really would re invigorate the bypass-less systems...actually would likely see new highs...then it just becomes a question as to whethr CTSI has protected their intellectual proerty in an adequate way

3. 64 million in cash...burn rate 6 million/quarter...plenty of money at these rates
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