CMTR-CHEMTRAK FDA OK Message Board

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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: Amots who wrote (103)	12/4/1996 3:59:00 AM
From: Larry Hartman	of 1172

GGreenwald also baldly predicted (no substantiation) that MBLM will go into bankruptcy court Thursday. I suppose we can wait to judge his credibility on CMTR by that prediction. Why would Astra Merck and Wellcome want to jointly own CMTR? Granted they may want to buy the individual products from CMTR, but that's not what GG said. Besides, it would be next to impossible to predict a date and price that accurately before any legal and business due diligence has been completed; particularly since it would be much more complicated with 2 joint bidders involved. Buy or stick with the company for its products and potential for growth - don't count on a buyout (at least not by Astra Merck and Wellcome) at this time.

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