I have to agree with YakYak. I've been using the NxStage System One and PureFlow for over four years. It has made a tremendous difference in my life compared to in-center dialysis. The flexibility of the treatments, the benefits of frequent treatments, and the portability of the dialysis machine make this a great option. I am noticeably healthier with NxStage treatment than I was with in-center treatment.
The only caveat is that the patient has to have a willing dialysis partner and both patient and partner need to be willing to take personal responsibility for their care. Some dialysis patients don't want to be involved, and just want to go to the clinic and get treatment without having to think about anything. Those patients are not good candidates for this system. Of the 400,000 or so dialysis patients receiving treatment, fewer than 6,000 of those patients are doing home hemodialysis. That's lots of room for growth, but the patient has to be the right type for home treatment to be considered.
I do wish that I had bought this stock when I started using the system, back in 2009. The gains would have been substantial! I do think that there is room for this stock to go up, especially since Medicare won't be forcing the higher cuts, at least for a while.
Emergency situations are covered with pre-mixed bags of dialysis solution by NxStage. Every patient trains on using bags even if they will primarily use the PureFlow. The availability of the bags is also what makes it possible for a NxStage patient to travel with their system. Users of the Fresenius Baby-K are tied to the reverse osmosis water system that must be installed for their home hemodialysis. I don't know what the Fresenius users can do in an emergency except find an open dialysis center.
"Anyway, the director asks the supervisor, "Do you know who the group of people were walking the hallway with Reagan?", and the super says "no, I don't." The director tells him, "Those were the folks from J
If you are going to post crap like this, at least pay attention to the names...The CFO is Valerie Savage. You should also pay attention to the genders. I believe the director of manufacturing is a woman, so it's unlikely that she would "tells him" anything at all in the mens' restroom.
Sorry, when I rececked the numbers, it turns out that 4th Qtr 2003 was _slightly_ negative. The loss from operations was approximately $79K.
You have to back out the quarter using the annual report and the 3Q YTD numbers. Given the very slight variance, CRDS management might have been managing expectations for the quarter to keep net income below the line.
None the less, my original point stands--there were other quarters with tightly controlled costs and with future product expectations. I think that at the end of FY 03, the new markets were iSCSI, Near Edge Suite, and the LeftHand networks product. Nothing substantial came of those, why would the current results and the new security focus products be different?
Didn't Crossroads post a 1-penny/share profit for one quarter a couple of years ago...when the share price was briefly around $3.00?
The trend after that quarter wasn't nearly so good. Hopefully history won't repeat itself.
Good question... as someone that thought this company could make a profit, I'd like to commend you for your reasoned, well thought-out messages. You generally seemed to have a solid point, even if I hoped you'd be wrong. I don't have a crystal ball, obviously, but when looking at this company, it was alway useful to read comments from someone that was posting real opinion, not just name-calling.
Burning cash, yes, but "like crazy", no. The webcast showed slides with cash-burn rates WAY down when compared to two years ago. At the current burn rate there would be cash for over 10 years. That should allow a couple of quarters for the new-ish strategy to develop and for both OEM and direct sales to grow the business out of the storage-router-only model.
After a quick "Google", it appears that Lloyd I. Miller the third is respected, at least for the money he controls. He is on the board of several companies and a major shareholder in others.
He is associated with Anacomp, as a major investor. That may be where his interest with CRDS started--I believe Anacomp provides services for Crossroads product.
You should probably dig 'slightly' deeper when you post something like "he set the balance to automatically sell." The transaction was really the same programmed trade of $11,000 shares that have been running like clockwork since April.
I will agree that the volume of trade at below-cash holdings is somewhat alarming, but I'd say it isn't explained by anything fundamental--perhaps other than impatience.
Fair enough point. It _would_ be really nice to see them making some buys. My thought was at least they aren't selling ALL of the vested options, so they must have confidence that prices will move up.
Even if they are moving away from stock-based compensation, my guess is that there is still some period of transition for the process. I would expect this sort of selling on a declining price to stop eventually.
I'm guessing you've never heard of a "sell to cover" for tax payments? If Sims or Wenholz didn't think the stock had long term value, they could've easily sold the entire grant.
Brian Smith's sales are clearly a 10b5-1 sale. As "Market" has said, it may indicate the the desire to sell regardless of cost. Given the number of shares Smith holds, though, I wouldn't quite consider 11,000 shares weekly as dumping. It's more likely the mortgage payment.
Hasn't this particular dead horse been beaten enough?
Have any of you heard of a Rule 10b5-1 sales plan? Once the plan is implemented the executive is not permitted to modify the terms of the plan.
What has changed fundamentally to make this stock any different than it was three months ago? The only guess I can hazard is that investors have lost patience and are dumping at almost any cost. That doesn't really seem rational, but no one ever said that the stock market (or its investors) were rational.
Is there some explanation for this sudden drop?
My guess is that the sale was only to cover the tax implications of the zero-cost options. That doesn't seem to be a strong indicator about the company either way.
>Licensing agreements wont amount to much
>either since new technology include FC ready
>systems that wont need blade servers or other
Have you ever considered that SOMEONE has to develop the technology and build the internal FC interfaces?
If you have any significant amount of this stock and your broker didn't call you until May 13, then you need to find a new broker. News of this merger is almost two months old!
CEP has completed the divestitures, and sales growth is positive. With that, maybe they've been able to further reduce costs. It could be that the earnings announcement in March is going to be much higher than anticipated.
Of course, it's also possible that the rumored buyout from Smith & Nephew is closer to reality as the other divestitures were finished.
Just guesses, after all, the stock market really isn't rational.
From today's market, the price does seem to be moving more in the expected direction. Unless there is some major negative news, that trend up may continue for some time.
My guess on the lack of posting is that most of the negative posters were disgruntled employees/ex-employees who've finally moved on with their lives. The lack of available gossip has kept the other interested posters quiet.