SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Ultrafem(UFEM) great potential-new feminine protection

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bnielson who wrote (253)3/19/1998 7:10:00 PM
From: (no name provided)   of 272
 
Whoa!!! "Grows rapidly"?????

Check out the revenues for the past six quarters:

Sept 96 $190,000

Dec 96 $460,000

Mar 97 $920,000

Jun 97 $2,000,000

Sep 97 $1,800,000

Dec 97 $1,500,000

This is not growth. This is quarter over quarter declining sales.
It means that much of the product shipped in Jun 97 is still sitting
on shelves (at best) or returned to the manufacturer. At the height
of the marketing blitz, UFEM was spending $8 for every $1 in sales.

As I figure it, UFEM no longer has any money and mounting debt.
It is gone, done, and over. $30 million in advertising resulted
in at best $6 million in sales.

Kafka666
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext