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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: william miller who wrote (697)5/5/1997 12:24:00 PM
From: Art Baer   of 1172
 
The retail cost will be about $25 dollars. The cost to make the kits will range from $11-13 (I'm pretty sure thats the number I have to check my notes) depending on the percentage of tests that come back positive. If teh tests come back positive they will require counseling and additional exspenses for the company. The stock is near it's 52 week low and shows great support here. With HIV test approval coming this, I think, is the time to buy if any. Approval is really right around the corner. I check the news on this one every day.

Art
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