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Biotech / Medical : Cortex (Cor) [formerly CORX]

COR 339.62

+0.6%

Dec 5 9:30 AM EST

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To: DavidCG who wrote (520)	10/18/1998 4:30:00 AM
From: mammoth	of 1255

Some type of partnering agreement is indeed in the works. Look at the 2nd paragraph of their latest press release. "In terms of strategic initiatives underway," Dr. Simmon added, "Mr. Hagen's resignation does not affect our process of seeking alliances with corporate partners. Our discussions regarding the initial partnering opportunity are in advanced stages and we hope to announce a completed agreement by the end of 1998." This is significant, IMO. The end of 1998 is less than 2 1/2 months away. The agreement may be announced at any time. I doubt you will be able to buy CORX at current levels once that agreement is announced.

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