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Non-Tech : Enamelon (ENML) - Does anyone follow this?

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To: drakes353 who wrote (719)10/13/1998 10:40:00 AM
From: Mark T. Heath  Read Replies (1) of 863
 
Would anyone care to speculate how long the company will be able to remain debt free by losing nearly $1.00 per share a quarter with $20 million in the bank. All of these figures come from the news released today. The significant jump in revenue is encouraging, but the cash drain simply has to stop or the company will be forced to take on debt or issue more stock; neither is a good deal for the current stockholders.
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