CMTR-CHEMTRAK FDA OK Message Board

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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: Art Baer who wrote (353)	2/22/1997 8:52:00 AM
From: J.B. Piper	of 1172

what's interestig about the increase in volume is that with the selling there has obviously still been a large amount of buying or else the price would have dropped much more. I decided to buy more on Thursday just because of the current price it is at. CMTR almost always seems like a good buy when it is anywhere in t eh 1 1/2 to 1 3/4 range. I like this stock because of the potential it has down the road regarding future products, but it also is a stock that is not affected by the market that much. Typically on large correction days for the market, CMTR is unaffected. That does bring an added element of safety as the market conitnues to grow and no one really knows where it will stop or if it will any time soon. CMTR seems not to be affected too much by that and that is encouraging. Again, this stock is one that requires patience. But I really believe patience will pay off. Revenues should really increase once the H.Pylori test hits the market. I'm sure they're still trying to work out details as they work with a company as large as Astra Merck. Hopefully they'll begin shipping this quarter. Patient and holding. Piper

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