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Biotech / Medical : Covalent Group Inc (CVGR) an undiscovered CRO

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To: DLoughrey who wrote (74)12/29/1998 6:45:00 PM
From: Gurupup  Read Replies (1) of 107
 
Maybe somebody is realizing that after a very poor year with no new business, and with $25.7mm of new contracts added onto a $10mm backlog, that a profitable year in 1999 is on the horizon.

You don't get these kind of contracts if you don't produce for your customers. I have felt for 2 years this was one of the best management teams I have met, and I continue to believe so.

All institutions are out of it, no coverage, no one cares, what is the bad news? A quarter or two of increasing profitability will focus attention, and this price 1 year from now will look pretty good.

Go to their website and study it. www.cracorp.com/
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