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Biotech / Medical : GZBX - Genzyme Biosurgery -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (15)1/15/2002 11:50:59 AM
From: Extra Pale  Read Replies (1) | Respond to of 18
 
"GZBX has a cash burn of about 20M$ per quarter." Perhaps the $20m includes non-cash amortization of intangibles of $12m. Given the recent divestiture and reduction of 200 redundant positions last year, combined with an 18% projected revenue growth rate and gross margins in the mid 50% range - I think gzbx turns cash positive soon, depending on r&d budget. Tho I wouldn't mind if share price dropped 30% -g-.