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Biotech / Medical : Innerdyne -- Why are they still losing money?

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To: Charles W. Breaux, Jr. who wrote (31)12/7/1998 5:21:00 PM
From: W. Ruane  Read Replies (1) of 68
 
Another chance at $1.00

Are you still inclined to add at around $1.00? Estimates for next year range up to 10cents, which puts IDYN at an attractive forward PE of 10x. I noticed that insiders have been adding positions, but they don't seem to be significant portions of their net worth. Any thoughts? Thanks,

W. Ruane
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