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Biotech / Medical : Cortex (Cor) [formerly CORX]
COR 362.16+0.8%1:49 PM EST

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To: GR who wrote (530)10/18/1998 4:45:00 PM
From: Cage Rattler  Read Replies (2) of 1255
 
GR:

Glad someone else is concerned about the issues you mention.

Are you sure ENMD is a good parallel? Last fall you recall, it dropped along with the DOW to 50% off it's high, or to about 6-8 dollars. Subsequently it gained and surpassed it's former high rising to the mid teens. When the NY Times story was published, it quickly jumped to the 80s. Then descended through about 3 brief support levels, 40, 30, and 20 and now has regained to the mid 20s demonstrating a 50% gain from the pre-NY Times release level. ENMD has always demonstrated a positive trend.

Further, there has never been the appearance of anything financially questionable arising from within ENMD.

Sadly, CORX has only demonstrated a long-term downward trend -- that in spite of several very favorable, yet redundant news releases over the last 18 months.

Ciao, Ted
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