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Biotech / Medical : CRLS - Chrysalis : Any followers ? Any comments ?
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To: ELIGEM who wrote (3)3/6/1997 9:41:00 PM
From: BMB   of 51
 
Hi ELIGEM, I am new to CRLS! Just saw the news release(3/6/97, 4:15PM) on expected 4q loss. But they disclosed that a major intl. phrm. comp. has awarded CRLS a new multinational clinical trial for Phase2/3 drug development services which may exceed $20 million in revenues.
What could be the impact on near/long term share price? Today it closed at $4.75 up 0.125 at 48400 vol. Last trade vol 11500 shares at $4.75 and bid=4.625, ask=4.875! Any insight? Thanks,...BM
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