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Biotech / Medical : Catalyst Pharmaceutical Partners -- Ignore unavailable to you. Want to Upgrade?


To: kenteen who wrote (95)3/7/1998 11:09:00 AM
From: Frederick Langford  Respond to of 116
 
My problem with OCR is it's trading with a pretty high PE, if it should take a dive the CPRX shares are worth even less.. Take a look at NOVN, a small pharmaceutical company in S. Florida. They have some interesting 'irons in the fire', and a bright management. I think I'll exchange my shares in CPRX for NOVN.
Fred



To: kenteen who wrote (95)3/7/1998 9:57:00 PM
From: SteveR  Respond to of 116
 
kenteen:By May 22,1998 supposedly 4 1/2for each CPRX or more if Omnicare's price is different. I don't know the details. Here is what I did---bought at 2 3/4and sold at 4. I was scolded because I
knew what the conditions were and I would have gotten more
money.$5000.00 profit was O.K. by me. I've ridden this stock
in the 11's down to below 2. At 2 3/4 I bought. I am ashamed to say that I still own some at 7 3/4. I know I'll take a good licking on these. I'm not buying any more.If something happens, down to 2
I will be back in. I did this twice while all my friends held
on.
That's my thoughts
Steve