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Biotech / Medical : Catalyst Pharmaceutical Partners

CPRX 23.33

+0.2%

Dec 31 3:59 PM EST

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To: SteveR who wrote (63)	11/21/1997 9:23:00 AM
From: David G.	Read Replies (1) of 116

Steve, I too am holding some CPRX shares. I see it as a good long-term investment. I almost exclusively invest in tech stocks, but CPRX intrigued me for the simple reason that I see the home care and assisted living programs growing over the next several years. Baby boomers are the ones with the dollars to spend on things that are important to them, namely their parent's welfare. Just like we have seen an explosion of security investing over the past two years because of baby boomer retirement planning, many of these same baby boomers have parents that are reaching the age where they require home care, hospice, nursing homes and/or other assisted living programs. Because many of these baby boomers are short on retirement funds, many of them are working until later ages like 65 which means they cannot be home to take care of their parents. As a result, to provide their parents with ample care which allows them to maintain dignity, they turn to providers aided by services like Comscript. Startup expenses in this area are high, but like you, I agree that long-term holders will be rewarded for patience. Regards, David

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