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Biotech / Medical : Immunomedics (IMMU)

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To: jluker who wrote (197)11/2/1997 12:16:00 PM
From: Zeev Hed  Read Replies (1) of 371
 
John: I do not see much acceleration in sales here, and it may be time again to start worrying about burn rate. Not much cash on the balance sheet left. Net book is now well under $.5/share and at current burn rate they will have to go to the well within six months. Not very good. Any hope there for a product to take off?

Zeev
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