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Biotech / Medical : Covalent Group Inc (CVGR) an undiscovered CRO

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To: ForYourEyesOnly who wrote (51)4/20/1998 12:18:00 PM
From: Gurupup  Read Replies (1) of 107
 
When a stock is down and out, it is nice to see insider buying.

CVGR recruited Kenneth M. Borow, M.D., a senior executive from Merck
& Co., to serve as the company's Chief Medical Officer, and to assume responsibility for all
contract research activities. A Harvard-trained physician who conducted and managed clinical
research while a Professor of Medicine at the University of Chicago, Dr. Borow spent the past four
years conducting and overseeing clinical research programs at Merck.

(Dr. Borow bought 5,000 shares of CVGR on 4/14/98 at $2.19 bringing holdings to 34,200, as reported by the SEC.)

This to me is a very healthy sign for the future.
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