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Biotech / Medical : CMTR-CHEMTRAK FDA OK

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To: Amots who wrote (432)3/3/1997 6:26:00 PM
From: J.B. Piper   of 1172
 
Closed at 1 3/4 . . . not bad at all.

Considering selling had been taking place for the past few days toward the last half of the trading day, this is refreshing to see that buying happened well after the news release itself. This speaks positively in my opinion of where this stock will head. Hope no one sold during the recent sell off.

Don't know what to make of the news of Alene leaving. Really no point in discussing it because it's only speculation.

I'm looking for even more of a bounce tomorrow based on the nice jump we experienced at the end of trading today.

Piper
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