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Re: None

Wednesday, 01/23/2008 6:53:21 PM

Wednesday, January 23, 2008 6:53:21 PM

Post# of 2446
The call was standard run of the mill stuff nothing to really sink your teeth into. The MRK R&D revenue recognition is frustrating on the earnings report SRDX out of pocket about one million. MRK pays 1.9 million in R&D SRDX recognizes 100K but has expenses all in current quarter for the work billed.
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