CMTR-CHEMTRAK FDA OK Message Board

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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: DeadHead who wrote (769)	5/30/1997 10:01:00 PM
From: Art Baer	of 1172

CMTR has never commented publicly that they have a rpid test. However conversations with representatives at Headquarters (Alene Holzman) when she was there say that it is a possibilty down the road. However they will not get into this market until there is one. Why waste resoureces they can use for other things when we need them for their current projects? They probally are playing with a few ideas but nothing concrete. <You can also look for one or more of of these little fishes to get swallowed by some of the bigger fishes.> Good idea maybe. I hope so, but it probally won't happen until after approval. If it happened before the shareholders would not get a good deal. <As you know, TRIBY and SALV already have rapid HIV tests and aren't screwing around with the mail-order kits currently allowed by the FDA. > SALV will never get approval for an at home rapid test within the next 5 yeears. My money is better off in my piggy bank than a cash cow! As for TRIBY.. ???? Even point of Care rapid tests are still a few YEARS down the road, not moths as in CMTR's case. We are a reality while they are dreaming. CMTR is close to approval and look where the price is. If one had invested 2 years ago when the submitted their applicatiion it would be dead money, or lost money. What was the stock at about 5 or 6. I will come near any stock like TRIBY until they are closer to a BIG approval which is over a year away. If it is taking CMTR this long for their approval how long do ytou think it will take for the other companys to get approval on a rapid test. Dead money is no money.... Keep your money where it will grow----->CMTR Art

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