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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?


To: scaram(o)uche who wrote (1583)9/6/2000 9:05:28 PM
From: JMarcus  Respond to of 52153
 
CORX rocketed up 35.42% today. Dr. Harry Tracy posted the following explanation of today's move on the Ragingbull thread at ragingbull.altavista.com

>>With the rest of the neuro sector down today (with a couple of minor exceptions) and
Cortex up almost 40%, this is no technical adjustment. Back at the end of June, in the July
NI, I said the dementia/MCI deal should be done "in the next two to three months." With
Europe back from August vacation, someone (or several) is buying heavily in anticipation
of a deal which I expect to be announced imminently.

And this will be the 'outside the US' aspect of what is Cortex's core asset--Ampakines for
cognitive decline. Schizophrenia and depression were serendipitous sideline additions.
But this is what Cortex, and its shareholders, have been awaiting for years.

NeuroInvestment (www.neuroinvestment.com)<<