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Biotech / Medical : Cortec (CRTQ)

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To: Bobby Yellin who wrote (10)12/7/1996 10:32:00 PM
From: AgAuUSA   of 22
 
Bobby,

Price looks right. One product upheld in trials pending redo on a rat issue where deaths occurred. Other studies are progressing normally.

Re: rat study deaths: was preclinical study...and may have involved errors by a technician in preparing the compound; NO human clinical encountered problems. Further, all work and funding is being done by SKB...so they have a vested interest in working things out.

Bottom line...I've been buying. Cash level and other studies make risk/reward very investor favorable, IMHO. Also, failure of the halted trial product is fully factored into the stock price, IMHO.

Use DD. All opinions are IMHO. I own the stock so I may be biased.

Best,

Greg
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