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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: jeeza who wrote (403)2/26/1997 10:20:00 AM
From: William Presti   of 1172
 
That is definitely some level-headed thinking, Jeeza. Great idea! Been away from this thread since the end of last week and I'm amazed at what has transpired since then. Wasn't enough to shake me though. I too am still long on CMTR and if the ask price falls below a buck and a quarter I'll probably be placing an order to buy. Will even sell off a favorite stock of mine to do so. There is just too much positive news in the works at Chemtrak to bail. I would describe what happened on this thread over the past 4 days as to be expected. A periodic panic has to happen. It forces us to recenter our focus and reassess why we got in on CMTR in the first place. All those reasons are still in tact.

BTW, I have a hunch that ColoCARE is going to be a much greater revenue generator than we might expect. Colorectal cancer has been getting lots of attention and this test will surely appeal to those who would otherwise not bother with the alternative examination. I plan to pick up kits for my wife and I as soon as they hit the store shelves. Since it will be co-displayed with Cholestrak, it will probably generate some sales for Cholestrak. That products biggest problem is that no one knows about it. I've yet to find an aquaintance who has heard of it. That's all for now.

Bill
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