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Biotech / Medical : CTEC: Cholestech any other investors?

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To: Lane3 who wrote (666)8/17/1999 4:01:00 AM
From: Duane L. Olson  Read Replies (1) of 710
 
Well, Karen, If CTEC had trouble with the Docs and the Pharmacists, why not try other avenues...like Fisher Health Care's acute care facilities? The announcement was: QUOTE
HAYWARD, Calif.--(BW HealthWire)--Aug. 12, 1999--Cholestech Corporation
(Nasdaq:CTEC - news) and Fisher HealthCare, a major operating unit of Fisher Scientific International Inc. (NYSE:FSH -
news) announced today that they have signed a non-exclusive, multi-year agreement for Fisher HealthCare to market the
Cholestech L.D.X® System nationwide.

Fisher HealthCare plans to market the Cholestech product line to more than 75,000 acute care facilities and physician office
laboratories in the United States. Under the terms of the agreement, the two companies will jointly market these products to
Fisher HealthCare's customers, with a focus on ambulatory acute care facilities involved in preventive personal health. UNQUOTE
That news appears to have driven CTEC from that recent low around 3 1/8 back up to 4 5/8 today....or roughly a 48% gain here.
beta.iqc.com
I appreciate 48 percent gains, now and then. :-)
Still pessimistic? <g>
tso


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