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Biotech / Medical : CRLS - Chrysalis : Any followers ? Any comments ?

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To: BMB who wrote (5)3/6/1997 11:22:00 PM
From: Thom Handabaka   of 51
 
BMB,

I have been in this stock for a while and watched it go from 4.5 to 8.75. I was waiting for 9 to get out. However, 9 never came. My broker called me today (imagine my surprise) to ask if I was in a position to invest more in CRLS. His rationale dealt with their royalty position in the transgenic market and the recent news from the U.K. (cloned sheep).

He said their recent acquisition would drive negative results but the stock should be trading around 8. He has a pretty good track record so I hope he is right. Good Luck to all of us.

Thom
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