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Biotech / Medical : Quantech (QQQQ)

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To: Bill Schrader who wrote (262)4/23/1998 4:31:00 PM
From: gaddis  Read Replies (1) of 338
 
My two cents : I think a number of factors could influence a price rise in the stock. First is obviously FDA approval. Second is the establishment of a marketing agreement with a corporate partner (possibly Perkin-Elmer) and last, but not least, is a substantial equity investment in QQQQ by a third party (again Perkin-Elmer). These developments could take Quantech to an entirely different level. One thing to remember is that SPR technology has the potential to be used in a number of different indications in a near-patient setting, so Quantech need not be labeled a one-trick pony if they receive FDA approval for the AMI diagnostic. I think the market has underplayed or ignored the significance of a possible growing alliance between PKN and Quantech. In any event, the markets are very large, and the company has achieved a number of significant milestones. Worth watching.
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