Viewray Inc (VRAYQ)

[realfast95]

Excellent presentation at the Cowen Conference. Boy, is that CEO passionate. With this machine and it's targeting. They can increase dosage and get a patient done with their treatment in 5 days instead of 6-8 weeks.

23 backlogged systems. However lead time (driven by the hospital) is 1-2 years.

40% margins today. Siemens is one of their parts manufactures (for the MRI). Cash flow positive at 5 machines sold per Qtr. $3 million net per machine

1100 machines are sold worldwide every year.
Competition is years behind.

They have not given formal guidance because they were waiting on that FDA approval (now approved).

Liver study has not been released (but he was giddy about it)