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Biotech / Medical : CHANTAL Pharmaceutical
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To: Rollie B who wrote (883)6/26/1997 4:37:00 PM
From: Dr. Jeff   of 1169
 
I tend to think the opposite! Since they have resorted to hawking the stuff on HSN and at a discount also, this does not bode well for the company! The success of this last ditch effort will tell the tale! I give them about a 15-20% chance. Apparently, some feel the same. The tape showed a 30,000 share block sold at 7/8, and a 20,000 share block sold at 29/32 right at the close. Surprisingly, a 20,000 share block was purchased at 59/64 as the last trade of the day. Playing CHTL is worse than Vegas odds.............
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