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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: William Presti who wrote (350)2/20/1997 6:47:00 PM
From: Miles Rhyne Hoffman, CFA   of 1172
 
Much to my dismay, I have discovered there are a lot of people pursuing easy to use test kits so CMTR will have a lot of company in this medical products field. I think a lot of NMPS (Matritech), but it TOO has just gotten cheaper and cheaper.

I think the market is not too interested in these small cap speculative ideas right now. I like 'em (or use to) because there is suppose to be a small cap blow off at market tops, but I've been waiting for these type stocks to move so long that I'm wondering if it is different this time and the blow off is in the form of mutual fund inflows?

Miles
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