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What Laser Companies Won't Survive the Recession?
asked 3 years ago by anon
Latest answer by Steven Wallach, MD
Question viewed 536 times
Tags: laser
2 answers to What Laser Companies Won't Survive the Recession?
+1
Laser company survival
This is a very tough question to answer without seeing the balance sheet. Look at the banks . You would think the "big boys" like Citibank were safe or Lehman Brothers, Bear Stearns, and Merrill Lynch. The fact of the matter is that no laser company is completely safe.
If they are significantly leveraged and they can't renegotiate their loans, they will go under...just like the banks.
Remember, I am sure sales are down in the laser business so they are probably all operating on f
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+1
Palomar medical laser company will survive the recession
Daer Doc-in bay,
You are very smart to be thinking about this issue. It would be terrible to buy a new laser and have no company for service in a year or so.
I will not say which compnaies have already or are likely to fail in the current environment-however several are in very bad shape-fewer sales, less cash flow, and less money in the bank.
I can tell you however, that according to the information available now, palomar medical seems to be very well positioned to continue to innovate...
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