Looking at MOR,a couple of items struck me. #1 Sales and administration cost are down around 20% to a year ago. Good. #2 Sales while down from Dec. 09 are still greater than in March & April last year. Good. #3 Interest of 6mill is showing for Jan. 10 but should be greatily reduced with new DIP plan in effect. Good. #4 trend is first month of qtr is lowest of the 3 months (exception Sept. 09) #5 still investing 2mil into R&D each month. Good.
I wonder what effect if any that winter will have on this first qtr. i.e. being down for inclement weather.