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Biotech / Medical : ORTC Ortec International
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To: fut_trade who wrote (158)6/30/1998 10:16:00 PM
From: Jake  Read Replies (1) of 272
 
ORTC has been steadily eroding since they have gotten FDA approval. Murphy had been a big fan of shorting the stock in his Overpriced Stock Letter. He was quite incredulous when they got approval.

And when they did he said that the earnings would not come through. His basic tenet was that since their product did not have a shelf life the earnings would not materialize.
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