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Biotech / Medical : CTEC: Cholestech any other investors?

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To: Alan C. Zezula who wrote (608)7/18/1999 2:09:00 PM
From: Duane L. Olson  Read Replies (2) of 710
 
Some Good CTEC Thinking going on over on Yahoo...Al, You are the ONE sure long-term investor I know is still hanging in there...so would appreciate your thoughts. There are some folks tracking CTEC over on YAHOO that make good sense. Here is an extract from one of "Funicolo's" recent posts:

QUOTE "As far as the company I guess I am one of the few here that have faith in the pharmacy strategy. I could care
less what pharmicists want to do. They won't determine if this product is successful in that enviroment. The
public will determine that. The question will people with proper education, the over the counter status of
cholestol lowering drugs and insurance reimbursements hurdle be resolved go to a pharmacy to get tested.
My feeling is they will, but it will not be next month. If the public demands it and the large pharmacies can
make money at it, it dosn't matter what the pharmacists think. I am hearing that several pilot programs are
going well, but until the pilot programs turn into contracts/sales we will not know. I think we are closer to this
then we know.

As far as the POL I have faith that the liver panel has been submitted to the FDA and once CLIA waived
will make the difference in this market.

This is a great product with no real competion. I agree with many posts here concerning management and
the lack of progress and news this year. I do not agree with a lot of decisions being made, but as an investor
my job is to forget the past and make a decision on my investment today and I feel CTEC will be higher
short term and much higher next year" .... UNQUOTE
He seems to have more info on the the physical action in the product that most of us do...and he makes some excellent conclusions out of the data... I'm even inclined to buy more CTEC! <gg.
tso
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