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Rawnoc

04/29/13 10:46 AM

#5357 RE: homebuilder_watcher #5356

To be fair, it's not like AMRN needs to pay off all of its debt and be debt-free by yearend. I think the debt payments should be calculcated and totalled not the whole debt balance.

I'm still half asleep so maybe I'm misunderstanding the discussion, but it does appear AMRN's cash balance isn't as bad as is being stated.

That said, they will likely need more cash for 2014 to expand their sales force.
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Studyhard

04/29/13 12:58 PM

#5373 RE: homebuilder_watcher #5356

I was saying, $360 million (COH + revenue) minus $224 million would leave 134 million at the end of 2013, at which time Amarin may be self sufficient. Obviously, none of us know, so it's just all thoughts/speculation for now. However, I think we're golden for the long-term outlook.GLTU