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Biotech / Medical : Carrington Laboratories (CARN)

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To: Michael Theye who wrote (185)12/13/1997 4:59:00 PM
From: Nanny   of 197
 
Hi, Michael! I couldn't agree with you more when you say "this stock is far from dead". I'm glad to hear that you're going to take the time to do a recap on Carrington for Skane and others 'cause I think a lot of folks either don't know or have forgotten why we started buying Carrington originally!

I think the recent weakness in the price has been from tax loss selling. I know I sold some last month to take the loss and will be buying back before the end of the month. Just hope it stays under $5 til my 31 days are up.

There are just so many good opportunities out there with this recent correction; CARN, PRST, SNRS, TPRO, VVUS! It's hard to know where to start but I think at least 10% of any new money I put in the market now will be Carrington.....and, depending on your recap, that percentage could increase. There's probably a lot of things about this company that I'm not remembering right now!

I know CEO Carlton Turner told me a few months ago that the cancer trials will be moving along in 1998. Can you imagine if just one of their cancer trials proves successful, and they are working on six different types! But their over-the-counter products are enough to make one scratch one's head in amazement as to why there's not more hype about them. Every where I look I see another product with "aloe vera" on the label. I know it's appealing to the consumer but what most people don't know is that Carrnington has taken it a step farther! I mean, who would have thought to patent the carbohydrate extracted from the aloe vera plant....except the brilliant minds at Carrington! The potential for reward seems much greater than the risk from where I sit!

Anxiously awaiting your report!

BTW, how's things in Cincinnati? My friend is vacationing now, last I heard!

Take care!

Nanny
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