gberberis
$FOCL
I listened the conference call. Over all the call was what I expected. nothing more or less. You could have come to the same conclusion by watching how Focl was trading before before earnings. the positives are still there. the growth continues (with some hiccups along the way) the expenses continue to be somewhat high. However the initial growth phase requires this type of expenditures. Their focus to continue the expansion of the use of the platform to other indications is the right approach. however the costs are being incurred now for future revenues. Patience continues to be the theme here. as long as they grow, the costs will fall in line. do not forget they are in the razor blade business. with every machine they sell there is a perpetual income from the consumables and service. I am a buyer at this price
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