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Biotech / Medical : Covalent Group Inc (CVGR) an undiscovered CRO -- Ignore unavailable to you. Want to Upgrade?

To: JanyBlueEyes who wrote (46)	3/27/1998 9:13:00 PM
From: Gurupup	Read Replies (1) \| Respond to of 107

The important thing is the new business opportunities they are looking at. I am led to believe it is somewhere around $50mm and they are hopeful of landing at least 40% of that in the near future. This has been a disaster, and when you deal with emerging growth stocks, one of the biggest faults is being early. But, this management team is the best that I have seen, and they will pull it together, and we will make money , albiet slower that I originally thought. I usually don't average down my mistakes, but I did in MICG 6 months ago and it has tripled in that time. I look for the same thing here in the next 6 months. On the first new contract announcement it is a screaming buy, but I will buy aggressively on any dip next week. They are not going out of business.