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Biotech / Medical : CYTO

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To: Andriy Turhovach who wrote (7228)5/3/1998 1:18:00 PM
From: bobm  Read Replies (2) of 8116
 
Well said Maineac.

What analyst in his right mind would waste his time covering this company. If they can get enough revs to make it to the black we might have a chance to get our money back. That would be a minor miracle.

But, stranger things are happening. Who would of thought that the U.S. would have a surplus (opposite of deficit) and actually pay off some of the national debt thus reducing our interest expense. Of course congress isn't done yet, I'm sure they can find a way to waste away that money, just like CYTO management burns theirs.

Like you I may have a tax write off this December, but in this case I would be happier to be paying an enormous amount of taxes on my profits. Just think it would also help pay off some more of that debt.

Enjoy your new home.

Bob
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