CMTR-CHEMTRAK FDA OK Message Board

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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: MoneyMade who wrote (1066)	6/11/1998 3:25:00 PM
From: Mr. E	Read Replies (1) of 1172

No, I don't think so. It's just that we've been here before, in my case, since 1992. What we've learned is that CMTR dug itself a pretty big hole that it's trying to climb out of. PR like this helps, but the fine print says not much. There is a reverse split on the annual meeting agenda and the company is negotiating for financing. The annual report has a lot of caveates in it. The financials are not inspirational. There isn't much institutional interest in CMTR because of the company's history. What else do you want to know. A little DD says it's a big gamble to put rent money down on this bird. I hope CMTR goes through the roof ( or at least back to $1), but IMO the numbers to drive that are maybe a year away, minimum, given continued sales increases.

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