Replies to post #2044 on Enteromedics Inc (ETRM)

[teq0904]

I missed the call so will listen to the replay available in 10 minutes. This year they burnt in 6 months what they have in cash today, so unless that changes we will be financing at Xmas again - that is what the market doesn't like. I imagine the cc will go into detail how they plan to cut the burn as they stated in the nr - it seems the market does not want to believe it.