CareView (CRVW.PK): Pro-Active Research 2Q09 Update |
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| Tuesday, 18 August 2009 12:42 |
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Pro-Active Research Analyst, Ira Zadikow, also notes that CareView Communications has attracted a distinguished team of executives and advisers including Tommy Thompson (former Secretary of Health and Human Services), Samuel Greco (from Columbia/HCA), and Craig Benson (co-founder of Cabletron Systems and a former Governor of New Hampshire). 1.) PDF stock research report at BioMedReports.com 2.) Pro-Active News Room Page for CRVW Disclosure: No positions The Company's 2Q09 revenue was $12,047 vs. $10,188 in the year-ago period, resulting in a net loss of ($1.25 million) vs. ($0.75 million) during 2Q08. CareView posted an operating cash flow loss of ($499,863) during 2Q09 vs. ($90,056) in the year-ago period. Pro-Active reiterated its previous Speculative Buy rating on CareView, but has not issued a price target at this early stage in the Company's development.BiomedReports is not paid or compensated to report news and developments about publicly traded companies. Full disclosure can be read in the About Us Section Add this page to your favorite Social Bookmarking websites            |
CareView Communications, Inc. (CRVW.PK) designs, markets, and operates high-speed data network systems that are deployed throughout healthcare facilities using the existing cable television infrastructure of the facility. The systems provide bedside, point-of-care video monitoring and recording as well as providing patients with entertainment, communications and education systems. The Company's systems are suitable for use by a wide variety of healthcare institutions including hospitals, nursing homes, adult living centers and select outpatient care facilities. 
