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Biotech / Medical : XILLIX FDA APPROVED -- Ignore unavailable to you. Want to Upgrade?


To: hsg who wrote (443)7/19/1999 6:15:00 PM
From: Edward W. Richmond  Read Replies (1) | Respond to of 572
 
hsg, I am sure that Xillix doesn't have any hope of positive cash flow with its current Life-Ling or the next generation version. I gather that they see the GI as the device to have greater market penetration. With possibly 2 years for the GI to get to market, we won't likely see positive cash flow for 3 years, in my opinion.
Financially, we should be fine for the next 12 months of operation.
Regards, Ed