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Biotech / Medical : Matritech (NASDAQ - NMPS)
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To: William J. Leiby who wrote (626)5/20/1998 7:55:00 PM
From: John McCarthy  Read Replies (1) of 849
 
Bill -

Hi - just caught up to your post.

Lets agree - No point in flaming and sure,
management knew the score from the getgo.

I did not - thought the submission was
for real - and bingo - got blindsided.

Your point is a great one.
How much cash do we have?

I figure approval in Feb (?) and product out the door
June (?).

Can we last that long?

My thinking now is - about December - throw some good money
after bad money. But only if they can survive thru say
next October? (Gonna need financing)

I can't prove this but surely, one of those arrogant bastards
pissed off somebody and here we are.

How do we fire the president? I mean it.

He's gotta go.

Regards,
John

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