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Biotech / Medical : Conceptus (CPTS)
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To: W Shakespeare who wrote (14)7/16/1998 4:06:00 AM
From: S.Picker  Read Replies (1) of 23
 
I agree. I have given up on this company now and will only come back to it if I see distinct signs of sales occurring or the nearing conclusion of the S/STOP program for sterilisation - if cash holds out for that long. I am convinced that their products are great but with management seemingly unable to execute and giving falsely optimistic statements (in the conference call for the 1Q release words to the effect of "we are within days of a buying a medtech company with a salesforce...") there is little short term hope of a revival even though the stock trades at a discount to cash on the balance sheet.
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