Cutera Inc. (NASDAQ–CUTR)
Closing price October 28, 2008-$8.12
Cash at June 30, 2008 was approximately $108 million or $8.01 per share. So at the current price cash is 99% of the market cap. CUTR is trading at 39% of our valuation.
About Cutera, Inc.
Brisbane, California-based Cutera is a leading provider of laser and other light-based aesthetic systems for practitioners worldwide. Since 1998, Cutera has been developing innovative, easy-to-use products that enable physicians and other qualified practitioners to offer safe and effective aesthetic treatments to their patients.
Cynosure Inc. (NASDAQ–CYNO)
Closing price October 28, 2008-$9.31
Cash at September 30, 2008 was approximately $93 million or $7.33 per share. So at the current price cash is 79% of the market cap. CUTR is trading at 32% of our valuation.
About Cynosure, Inc.
Cynosure, Inc. develops and markets aesthetic treatment systems that are used by physicians and other practitioners to perform non-invasive and minimally invasive procedures to remove hair, treat vascular lesions, rejuvenate skin through the treatment of shallow vascular and pigmented lesions, liquefy and remove unwanted fat through laser lipolysis and temporarily reduce the appearance of cellulite. Cynosure’s products include a broad range of laser and other light-based energy sources, including Alexandrite, pulsed dye, Nd:YAG and diode lasers, as well as intense pulsed light. Cynosure was founded in 1991