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Biotech / Medical : Cortec (CRTQ)

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To: Jatin Kadakia who wrote (21)4/1/1997 10:38:00 AM
From: Warren Keschner   of 22
 
Dear Jatin,

I generally follow stocks because of technical reasons - my knowledge of the fundamentals on Cortech is limited. Cortech uses a PR firm in Colorado called Trinsky Communications. Their phone number is 303-665-7760 and ask for Andy.
He will be able to give you a run down on what products Cortech is still working on. Cortech has always been a very poor communicator-they always stress the negative and never build up the positive. I have been very disappointed with the
level of info and support the company provides to investors and I think this has hurt the stock price because the investment community cannot get a good handle on what to expect from this company. As I recommended before, I think the stock
will bounce off of it current lows. I just do not have a feel how high the bounce might be(it will probably bounce close to its cash value). The one company that might be interested in buying them is a Japanese pharmacutical company called Ono
Pharmaceutical. You can also try calling Joseph Turner at Cortech to see if he can give you any more info. Let me know what you find out.
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