Wednesday, January 31, 2007

Analysis Update - BOS - Biosignal

2nd quarter update.

Burn-period = 8.89

Receipts in the second quarter fell very slightly from $139k to $132k. Operational cost almost halved compared to last quarter. The effect of this is the burn-out period improved from 5.10 previously to 8.89. Most of the other metrics remain the same as is business fundamentals. The same recommendation applies.

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