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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: Art Baer who wrote (249)1/22/1997 1:59:00 AM
From: Webhead   of 1172
 
I took a peek at Chemtrack's 3rd quarter filings in the EDGAR database and found that the previous quarter's product sales were even higher than this quarter's (~$530,000 vs $443,000). So even though this quarter's sales are higher than the fourth quarter a year ago, they don't look so hot (unless there is some strong seasonal effect on sales of home diagnostic kits). I admit to being a bit dissapointed after all the hoopla about the introduction of the new H. pylori kit and expansion of the chloresterol kit marketing and sales range. I was really hoping to see some decent growth this quarter. Hopefully, the sales numbers for this quarter don't accurately reflect the Canadian or european market inputs (in which case next quarter will be a zinger!).
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