Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Enamelon (ENML) - Does anyone follow this? -- Ignore unavailable to you. Want to Upgrade?

To: Greg B. who wrote (469)	3/11/1998 9:15:00 AM
From: Pancho Villa	Read Replies (1) \| Respond to of 863

>But, I agree. If not careful with expenses, ENML could get into trouble. However, they appear to have been very modest so far, as one poster indicated at a recent Chicago dental meeting. < My understanding is that the Chicago meeting didn't go that well. Lot's of questions from the audience did not get a satisfactory answer. Apparently none of the articles have appeared in top tier Journals. I play the publishing game myself. In my field, going beyond the top journals means getting very forgiving, often mediocre, refeerees who publish mostly everything they get. Pancho ENML has not gone national. You ain't seen spending till you see what it takes to introduce [successfully] a national product in this market. BTW I used to be a Product Manager in this business a while ago. BTW no position in the stock [yet].

To: Greg B. who wrote (469)	3/11/1998 11:22:00 AM
From: chester lee	Respond to of 863

<<Enamelon is going to take a phase approach to rollout.>> Greg, to me this means they are going to do another stock offering to raise capital needed for advertising, which translates into dilution in shares. Another alternative is to issue debt, but that would incur an annual interest payout which they currently can not afford since they are cash flow negative. Yes I know they are drawing some revenues from sales, but the sales revenues coming are unknown at this time. My best guess, based on their SEC filing, is that it will be at least another year before they make any money. Given that, they have to watch their cash burn rate and somehow find ways to raise capital next year without choking their phased approach to rollout. Chester