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Biotech / Medical : Cortex (Cor) [formerly CORX] -- Ignore unavailable to you. Want to Upgrade?


To: David Flood who wrote (476)8/8/1998 11:57:00 AM
From: RBlatch  Read Replies (2) | Respond to of 1255
 
I am heavily invested in this stock on the long side. The impression that I have of the company personnel is not a favorable one. Admittedly, I have had only a few contacts with them, but they always react defensively and to some extent arrogant. This may not be the actual case but only my perception, mind you. I too, feel that the trials are moving at a snails pace. If this company is to be concerned with its survival, then it needs to be concerned with its stockholders and the share price. More information needs to be forthcoming to the market place, and on a more frequent basis. These people may be good rocket scientists, but PR people NOT!



To: David Flood who wrote (476)8/8/1998 3:39:00 PM
From: John Lacelle  Respond to of 1255
 
David,

You would be surprised how easy it is
to do these trials. However, they don't
have a lot of cash on hand and setting
up sales and manufacturing is expensive.
They probably would have to enter into
an agreement with other companies in an
effort to get Ampalex on the market. In
the mean time, many of the big boys are
working fast at bringing their own stuff
to market. If you want though, you might
consider making a play on this stock. Buy
it up at these levels and when the Phase II(b)
data comes out you have a choice:

1) If the data is bad, dump everything and
never look back.

2) If the data is good, sell 1/2 your block
and hold the rest...hopefully, you will hold
a nice block of CORX for free having been paid
for by the good news.

Thats what I intend to do...

-John