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Biotech / Medical : CYTO -- Ignore unavailable to you. Want to Upgrade?


To: Alfred W. Post who wrote (7896)7/21/2000 1:04:55 PM
From: Jim Oravetz  Respond to of 8116
 
Advanced Magnetics Inc. - Cambridge, Mass.
3rd Quar June 30:

2000 1999
Revenue $1,014,033 $850,525
Net income (582,650) (2,338,086)
Avg shrs 6,757,691 6,768,227
Shr earns
Net income (.09) (.35)
9 Months:
Revenue 2,119,630 4,048,777
Net income (3,046,438) (5,742,113)
Avg shrs 6,754,293 6,767,826
Shr earns
Net income (.45) (.85)

Jim



To: Alfred W. Post who wrote (7896)7/21/2000 1:09:15 PM
From: Jim Oravetz  Read Replies (2) | Respond to of 8116
 
IMHO, the "good news" this stock needs is healthy profit growth. The shares will waddle about until their products start selling and more needed money starts coming in.

Development costs for AxCell will eat up resources over the next few yrs. CYTO has stated that they might need to sell more stock to fund this effort.

Joe R. has done a great job at turning this ship on the right direction. More time is needed for the brighter horizon to appear.

Jim