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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: Art Baer who wrote (785)6/7/1997 7:12:00 PM
From: r q lad   of 1172
 
[Art}

I noticed that the 3 announcements last week came over different news services. I have no idea if that makes any kind of difference, but, is it possible that the 6/4 announcement on the BW Healthwire was not widely read (I've never looked at it much before). The 6/6 announcement was on Reuter which is one of the big ones. Any opinions are welcome. Thought that Chemtraks news was significant and should have got a better market reaction, maybe CMTR management thinks so also and kept putting it out there.

There was one significant difference this time around. The last few times Chemtrak put out news, the overall market was into 150+ nosedives. This time the market was in a 150+ climb and CMTR still declined. So at least they are consistent if nothing else.

I hope the next news we see, soon, is that MRK is distributing HPchek.

Regards
Randy
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