CMTR-CHEMTRAK FDA OK Message Board

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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: Leman who wrote (609)	4/7/1997 8:08:00 PM
From: Rocketman	of 1172

I haven't made any effort to check out TRIBY, but sounds like Art has. He seems to usually know his stuff pretty well. I have heard that TRIBY has some great flame wars ongoing and that I should/could get involved for amusement purposes. I've followed CMTR loosely since '91 or so I am fairly familiar with their history, and has immersed myself more lately. Other than my INCY, CMTR is my biggest holding $ wise and by far the largest share number block I own. If it all goes well, IMO CMTR has the potential for lots of multiples in the stock price - that is still a pretty significant IF, but much less so than many others biotechs with 10 times the market caps. Plus, this should all shake out fairly near term, no need to wait for years of clinicals on the lead products here. CMTR is a survivalist company, frankly I am amazed that they still exist after all the hard times they've been through. The fact that they are so unregarded by the big money just makes them more undervalued in my mind. When they can get some decent revenue spike ups, they will get noticed and that's when I would expect to see some valuation increase. In the meantime, I would expect some further dilution as they will probably need to raise capital. C'est la vie. Dave

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