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Biotech / Medical : Cortex (Cor) [formerly CORX]
COR 360.06+0.1%Feb 10 3:59 PM EST

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To: DavidCG who wrote (673)11/8/1998 7:27:00 AM
From: Cage Rattler  Read Replies (1) of 1255
 
Dave:

Thanks for the post. Where did you find out Soros is still on board?

Indeed CORX may have hit bottom and could be on the way up. Sorry but just looking at the TA for CORX over the last two months (since May actually) one should note that they have never held a "support level" -- even during the recent Greenspan-inspired bull market. A short sale at any time during that period, even a few weeks back when you were staunchly defending them, and you would have made a wise trade and some big bucks. Right now I see support at about 30-cents -- perhaps, and hopefully, I am wrong.

Even if CORX soars to 100-dollars, you can not excuse non-existant management to share-holder communication and the lack of real information they release. Re-read the paragraph you quoted from the quarterly release. Now ask yourself, what real information have they disclosed? None. "Continues to progress"? If past performance is an indicator, it will be later rather than soon as you suggest. Reads like an exam written by sophomore short on facts.

It is the name of the game Dave, someone buys and someone sells based upon almost identical information.

Ciao, Ted
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