Cortex (Cor) [formerly CORX] Message Board

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

COR 355.25

+0.5%

9:38 AM EST

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To: GR who wrote (557)	10/19/1998 9:10:00 AM
From: Michael Olin	Read Replies (2) of 1255

The compounds (Ampakines) were mentioned in an NBC Nightly News story about memory loss at the end of 1996 and a cover story in a West coast newspaper (I think the LA Times) the following morning. The stock spiked from $3 and change to almost $7. Either someone at NBC is keeping an eye on Cortex (back burner sort of stuff, waiting for some significant news) or they just happen to be doing the same story every couple of years. I think that the May 1998 spike was related to promising schizophrenia results, not memory loss. Today should be interesting. Considering that I've been holding this one since the pre-hype $7 days, I doubt that anything other than an announced partnership or definitive results from the NIH trials will do much for my position. Then again, I knew that buy-and-hold would only make me money on CORX if they got a compound to market when I bought the stock. Good luck to all the traders and the handful of LONG-suffering investors like me out there. -Michael

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