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Biotech / Medical : CMTR-CHEMTRAK FDA OK -- Ignore unavailable to you. Want to Upgrade?


To: TA2K who wrote (1078)6/16/1998 10:22:00 AM
From: David O'Berry  Read Replies (1) | Respond to of 1172
 
I liked the press kit they put together for shareholders. This stock baffles me. They actually have products out in the channel. Covell stated that they had to deep discount product to get it in the door at the big Pharmacy chains. That may be why the burn rate is still high for CMTR. I think the convertible preferred is also holding them back but you gotta do what you gotta do. Anyway, I tripled my position at 7/16. It was so cheap I could not resist. May be good money after bad but sometimes you gotta take a chance on a small company with a good story.

Thanks,

David
doberry@mindspring.com