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DexCom, Inc. (DXCM) Message Board

  • So_sorry_to_tell_you So_sorry_to_tell_you Feb 28, 2006 11:22 AM Flag

    Year end results

    The company did a very poor job in their press release of providing a status update on their projects.

    They also did a poor job in the conference call of addressing the $2MM write off. They should have admitted to making a mistake that led to this charge rather than dancing with words. I sold off 30% of my holdings this morning for this reason alone.

    I am pleased with their progress and with how aggressive they are moving towards an immediate product launch if/when they get FDA approval. Let's hope the device doesn't have to go to FDA panel review.

    I 100% expect a secondary stock offering and related dilution a couple of months after FDA approval.

 
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