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Biotech / Medical : CNSI Cambridge Neuroscience

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To: TheSlowLane who wrote (216)8/6/1997 7:39:00 PM
From: TheSlowLane   of 675
 
More than doubled my position in CNSI today after talking to my PW broker. He is again upbeat and is venturing to cautiously speculate about the possibility of the Cerestat stroke trials resuming. Of course, it is still anyone's guess. He claims that they have re-examined the fundamentals and looked at things really hard in the harsh light of being down quite a bit, at this point, and still feel that the fundamentals are still there. He still contends that a good TBI trial could get the stock to 20 and if the stroke trials ever got back on track and were successful, 40 is possible. I got the feeling that they are thinking that patient anomaly was responsible for the trial suspension and that it may be resumed with labeling restrictions. We'll see...
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