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Biotech / Medical : NSIX -- Neuromedical Systems, Inc.
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To: chalu2 who wrote (124)1/2/1999 6:43:00 PM
From: TLWatson59  Read Replies (1) of 137
 
chalu2: The company is quite candid in its news releases and SEC filings. Read them carefully. They do not expect to be cash flow positive until late 1999 but most probably until sometime in 2000. There is apparently sufficient cash to allow them to hold out until then but if they have any future, substantial sales growth, not percentage growth has to take place in Europe and some time later this year FDA approval as a primary screener must be obtained.
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