Cortec (CRTQ) Message Board

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Biotech / Medical : Cortec (CRTQ)

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To: AgAuUSA who wrote (13)	12/31/1996 12:49:00 AM
From: Jatin Kadakia	of 22

Any one know why this stock is trading at its current cash position (22MM cash at the end of 3rd quarter results with 18MM shares)? They do not seem to be burning cash as fast as they used to. At the current burn rate they appear to have a long way to go. Is there something else that I do not know? I would like to double my position at the current price if there are no surpises.. Happy new year to all! Jatin

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