SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : CMTR-CHEMTRAK FDA OK -- Ignore unavailable to you. Want to Upgrade?


To: Leroyt who wrote (1051)6/4/1998 3:02:00 PM
From: surfinSteve  Read Replies (1) | Respond to of 1172
 
I certainly see the potential for impact and the stock has definitely reacted to the news. We have 6 times the normal daily volume so far today and the stock did rise strongly shortly after the announcement. It has since settled back.

The possible financial impact of a new finger sticking device is large because of the number of diabetics that must endure that torture on a few times a day basis.

Given the sorry past performance of CMTR, I can't blame anyone for being skeptical.