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Biotech / Medical : SRDX - SurModics - Biotech IPO
SRDX 27.44+1.0%Oct 31 9:30 AM EDT

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To: RRICH4 who wrote (18)11/11/1998 2:21:00 PM
From: Donald carlson  Read Replies (1) of 84
 
I wonder if the reason the stock price isn't recovering better is because the revenue has been roughly flat for last 3 quarters. It looks to me that it will take some strong royalty revenue growth or prospects of the same to move the stock price. The company keeps saying that product sales growth has been strong and product sales lead royalty growth. Maybe royalties will pick up next quarter. Do you know the date of the annual meeting?
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