Cyberonics (cybx) epilepsy therapy recommonded Message Board

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Biotech / Medical : Cyberonics (cybx) epilepsy therapy recommonded

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To: fred woodall who wrote (331)	5/19/1998 4:03:00 PM
From: Dennis	Read Replies (1) of 471

Fred, this is what scares me, The company IS doing what they are suppose to do. They are being very aggressive and really pushing by hiring more sales people. This will create a big strain next year. But they have little choice. Do they have enough cash ??? What is their burn rate??? "Our increased investment in U.S. sales and marketing activities will cause fiscal 1999 operating expenses to be significantly higher than those reported in fiscal 1998." Above was taken from May 14 news item. Great recovery today on strong volume. Is this a dead cat bounce?? Long term I think this company will succeed, IMHumbleO

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