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Post# of 257299
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jbog

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jbog

Re: go seek post# 104757

Tuesday, 09/21/2010 11:55:15 PM

Tuesday, September 21, 2010 11:55:15 PM

Post# of 257299
go seek,

Quote:

we all know MNTA's cash balance is growing day by day


Are you saying that Momenta is cash positive at this point??? I'd hardly think so.

I do agree that they have a cash coming in, but I wouldn't think it would be exceeding it's normal burn rate especially considering it is paying back 50% of any proceeds at this point.

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