SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : CMTR-CHEMTRAK FDA OK

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rocketman who wrote (644)4/16/1997 9:22:00 PM
From: jeeza   of 1172
 
trek...on

I guess none of you sold after reading the 1Q earnings because I had a hard time picking up shares at 1 1/2
anyway....here is my take on the 1Q results
in two words...CMTR is doing "just fine"

now some technical stuff
they are losing 1.3M a quarter ie loss per quarter
which means they will survive another 3-5 quarters depending whether you add the cash and working capital
don't panic...CMTR is not going belly up
fun has just begun
if we take Ed's word that product revenues increased by 37% then
I am attributing this figure ONLY to cholestrak as colocare was launched on march 26
so we have 608K in product sales with a 37% growth
if we continue at this rate..we have 608*1.37*1.37*1.37 in product sales by end of year...ie 1.56M a 257% increase...something which I believe is easily achievable and can exceed also

what else do we have with CMTR

1. colocare has been launched....time to sit back and count the revenues
2. astra-merck has started advertising Prilosec for ulcers
check USA today for full page advertisements
3. if SLF has already paid CMTR license fee
SLF believes that HIV test is close to approval
related issue....advertising expenses increased from average 1.1M a quarter too 1.4M .... the money went towards Cholestrak & Colocare sales...and possibly some to the advertising agency preparing the AWARE kit campaign....they have also stated that they need to set up a counseling center with their HIV kit
4. recent promotion of employees
5. appointment of a professional CFO

good work Ed...thats all I have to say

if any of you are getting impatient....
go plot an exponential function and observe its behavior
or just look at intel from jan 96
for a bigger kick...go watch intel from jan92

money managers will not buy CMTR till market volatality subsides
as someone has repeatedly said...CMTR is a nanocap and a speculative investment for most money managers...and too illiquid to get in

the biggest bang for your buck will be got when CMTR goes from 1.5 to 4 and not from 4 to 8..when wall street recognises it

if CMTR can develop another test or two eg. theophylline
its a very good acquisition candidate
if it once traded at 17...I would hope for 8 bucks atleast but thats 12-18 months ahead

rocketman: is that you dave ?

someone might want to suggest to Ed about
1. putting up more stuff about cholestrol control on the web page
2. talking with warner lambert or any of the big players pushing the diet / cholestrol reducing pills

trek-on :-))
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext