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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: William Presti who wrote (914)10/11/1997 8:07:00 AM
From: Bob Frey   of 1172
 
I talked to both Chemtrak and CVS. The deal is for REAL !!! and the Parents Alert will be in all 3,900 CVS stores ( cvs.com ) by the end of the year! This is could be huge when you also take into account the larger margins the company is looking at with increased production levels. Also in talking with CMTR as a consumer looking for the product there were other chains with the product.

Chemtrak ( chemtrak.com ) should also be seeing more free exposure as the public awareness grows.

I have also been researching the ability for Chemtrak to sell this kit to business for their drug screening programs. It seems to offer advantages over current options.

Another intresting thing is that more than 60% of the Shorts coverd in the last 30 days... Think they also know something? This is information from the WSJ.

Short Intrest in Chemtrak, Inc.

Company--------------09/24/97---08/26/97---% Chg
CHEMTRAK INC----153,372----386,704....-60.3

I am buying all this stock that I can!

Check out:

en.com
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