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Biotech / Medical : Cortec (CRTQ)

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To: AgAuUSA who wrote (6)11/28/1996 9:59:00 AM
From: E.J. Neitz Jr   of 22
 
Greg--CRTQ Price-Volume--Very Positive

You are correct, CRTQ acted very well on Wednesday--especially after the many institutional traders left early for the Thanksgiving holiday. I do believe we hit the low on the stock- I reviewed my long term charts and it appears most biotechs trough around Mid-November--tax loss etc. I believe CRTQ is a table pounding buy.
Our other biotech holdings are: ANRG GNLB SOMA CYTL XOMA HPIP IMGN MB
and SBIO. I am very bullish on all of them--mostly because of the acquisition price vs potential. My three favorites are: CYTL,HPIP and XOMA. If you have not noticed Houghten Pharmacuticals (HPIP) go to Hambricht and Quist's web site and pull off their May 96 report--it could be very profitable--especially at this price of $5/shr. Best wishes. Ed
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