IPIC Message Board - Msg: 3426268

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Biotech / Medical : IPIC

IPIC 0.0001000

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Aug 15 3:35 PM EST

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To: Pancho Villa who wrote (1033)	2/13/1998 1:33:00 PM
From: WeirdPro Randy	Read Replies (1) of 1359

<<Counting the 30 million in liabilities, and considering the fact that these guys have no desire whatsoever to establish some kind of cost control. Burning cash at this rate they will go through 100 million in a bit more than a year.>> Based on your "revolving door " analogy, they have pushed out 12 million more than they brought in, so it seems like there is some form of cost controlling.......but I agree that they could go through 100 million in about a year.

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