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Biotech / Medical : CYTYC

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To: Stan dobson who wrote (17)11/20/1996 11:27:00 PM
From: richard luis   of 79
 
ipo-network.com

Assets $11,025,000
Liabilities $2,947,000
Net Worth $8,078,000
Book Value Before Offering $0.79
Proforma Book Value After Offering $3.75

According to this IPO network , CYTYC Corp. was an IPO on 3-8-96

with 3 million share offering. I am wondering what percentage

of stock is still privately held.

wwwicic.nci.nih.gov

"Automated Thin-Layer Slide Preparation. Conventional Pap smears are prepared by wiping the collection instrument across a glass slide. By contrast, to prepare thin-layer slides, clinicians rinse the instrument in a vial of liquid preservative, which is then sent to the laboratory where the cells are extracted and placed evenly on slides by automated equipment. The system appears to improve specimen quality in reliminary tests, Solomon said, and that improved quality may reduce the number of ASCUS diagnoses. Both Roche Image Analysis Systems (Elon College, N.C.) and Cytyc Corporation (Marlborough, Mass.) are developing automated slide preparation methods."

Just trying to project a value on this company. Any guesses?
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