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Biotech / Medical : Cortec (CRTQ)

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To: Jatin Kadakia who wrote (16)2/21/1997 6:00:00 PM
From: Jatin Kadakia   of 22
 
Anyone,

How does the latest earnings report look? Currently trading at cash position. Company reported 22 MM in cash as of 12/31/96 and trading at 1.25 with 18 MM shares outstanding. Revenues in excess of 6 MM for the year. Seems like company still has a few more years of survival considering current burn rate. Does anyone know what new products they have in pipe line? Any info appreciated.

Jatin
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