Cortex (Cor) [formerly CORX] Message Board

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Biotech / Medical : Cortex (Cor) [formerly CORX]

COR 359.22

+2.0%

Jan 30 9:30 AM EST

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To: daveG who wrote (768)	1/27/1999 12:18:00 AM
From: Netnut7	Read Replies (1) of 1255

21 day moving average has just crossed above 50 day moving average which is very positive. Support around 50 cents seems to be holding. Fundamentally if they received 2 years of operating expenses from the latest partnership with Organon (at least 10 mil), this stock has got to improve from here. A double from 50 cents to a buck within the next 30-60 days does seem highly probable. Actually I thought it was good that the CEO said he didnt care if the stock went into the OTC world. Sounds better than a reverse split to me and besides, look at WCTI, a OTC BB trading over 20 bucks! However, I have a feeling the SEC meeting with CORX will result in an extension, considering the revenue generated from the partnership. The price will go to 1.25 to 1.5 IMHO and this is just a short term outlook for CORX. Long term, if Amkamines show as much promise as some of the research suggests, we could be be the next NEOT Kevin A.

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