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

To: Dr. John M. de Castro who wrote (312)	2/25/1999 8:48:00 PM
From: Dr. John M. de Castro	Read Replies (1) \| Respond to of 399

FY98 Earning Announcement biz.yahoo.com They hit the analysts' expectations of (.21) per share for the 4th quarter on the nose. The release is interesting and seems to be setting the stage for more losses in 1999. This should give the new CEO some wiggle room and the opportunity to exceed expectations. With $33 million still in the bank another year of losses aren't a problem. However, that is all the slack they'll have. After that they had better deliver neutral or better cash flows or this company could be in trouble. John de C