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Biotech / Medical : Cortex (Cor) [formerly CORX]
COR 359.25+2.0%Feb 6 9:30 AM EST
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To: David Flood who wrote (476)8/8/1998 3:39:00 PM
From: John Lacelle   of 1255
 
David,

You would be surprised how easy it is
to do these trials. However, they don't
have a lot of cash on hand and setting
up sales and manufacturing is expensive.
They probably would have to enter into
an agreement with other companies in an
effort to get Ampalex on the market. In
the mean time, many of the big boys are
working fast at bringing their own stuff
to market. If you want though, you might
consider making a play on this stock. Buy
it up at these levels and when the Phase II(b)
data comes out you have a choice:

1) If the data is bad, dump everything and
never look back.

2) If the data is good, sell 1/2 your block
and hold the rest...hopefully, you will hold
a nice block of CORX for free having been paid
for by the good news.

Thats what I intend to do...

-John

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