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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: William Presti who wrote (894)9/20/1997 8:44:00 AM
From: r q lad   of 1172
 
Come on Chemtrak Management --- lets hear something about the 'Parents Alert' product that is now shiping to distrubutors ---

Surely this rates a small news annoucement. Also in regard to HPcheck, maybe Ed Covell or Donald Fluken could pick up a phone and call Astra Merck for an update (remember, you signed a major contract with them last year, so surely you kept the names and phone numbers handy).

Bill P -- Thanks for your continuing research and postings. It seems you are the only source of information inside or outside CMTR. Secrecy within a public company usually means bad news (or no news which still=bad news) or some sort of blockbuster development. I suspect the former. With customer service "still definitely working on HPcheck" sounds like they know as little as the public does about what is really going on. Wouldn't be surprised if A/M drops CMTR any week now. It's known & the buzz in the channel is that Chemtrak is floundering & facing delisting. Blue Chip, Merck management is surely aware of these facts and will probably act accordingly. They need to ensure that they have a steady supply of product for their Reps to sell without any embarrasing distributor problems. I'm kind of expecting that, but hoping that the new product 'Parents Alert' and forthcoming products will gradually(or better), raise revenues so that CMTR isn't de-listed. Thanks again Bill for your investigative efforts.

Randy L.
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