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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: William Presti who wrote (518)3/21/1997 5:01:00 PM
From: r q lad   of 1172
 
Bill, I wrote Ed Covell a letter pointing out the shoddy presentation & stale apperance of Cholestrak in many stores. To my surprise he answered my letter immediately. Nothing earth-shaking, but he said Chemtrak will aggressively promote their OTC products in 1997 via print, radio & other vehicles (?). The rest was polite, party line info, i.e. waiting for & expecting FDA HIV approval soon (now that sounds familiar, soon has been a couple years now).

I think we need some news or decent earnings to get things going again. The stock seems quite stable lately and thats a positive. Even tried to pick up more shares cheaply with my last few bucks but was not successful.

Randy
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