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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: Amots who wrote (885)9/9/1997 11:40:00 AM
From: William Presti   of 1172
 
Please remember that we have little information
to go on. Many of the comments and fears are
based on suspicion. Most notably is the finger
pointing at Chemtrak management vis-a-vis the
Astra Merck deal. At this point, we have no
reason to believe that the deal is a dead. What's
more, we have no insight into the daily goings on
at Chemtrak and what their management is doing
to get things on track.

As far as delisting goes. I do not believe it will
happen. They have until the end of the year to get
the price above a dollar. Which, as of this moment,
is another .13 cents.

Stand by soon for new about Parents Alert.

Bill

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