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

To: mammoth who wrote (511)	10/17/1998 7:07:00 AM
From: Cage Rattler	Read Replies (1) \| Respond to of 1255

Guys: Clearly the coverage is favorable. I recall another biomed company, ENMD, jumped from the low teens to 83-dollars by Monday morning following a NY Times article. However, CORX closed, in a rising overall market, at 0.875 on high volume of 983,600. Am I the only one wondering why the miserable price and high volume on the eve of favorable publicity? Certainly there should be a price jump Monday. The question -- is it time to look for an opportunity to disembark with the CFO, or do we polish our saddles and get ready to ride? Ciao, Ted

To: mammoth who wrote (511)	10/17/1998 1:18:00 PM
From: DavidCG	Read Replies (1) \| Respond to of 1255

Excellent point.. They did indeed show the bottles of the compound they were using on rats with Cortex labels on them. I think when you compare CORTEX's compound with NEOT's compound....and you look at the stock price/market cap for each.... CORX is clearly the bargain. NEOT trades for 6 1/2 a share, though shares outstanding are 5.5 million. $36 mil market cap. CORX trades for .90 a share and the shares outstanding are 10 million. $9 mil market cap. NEOT isn't using at least two universities to verify results (in fact I don't believe they are using any university)..CORX is. Sometimes when it comes to this research companies...people wonder if the claims are a "scam". To those potential investors out there... any company could lie about the results, but I don't believe CORX's university research teams from Wake Forest University or University of California are going to lie on behalf of CORX. In fact that's the best part of the NBC Nightly news report....IMHO.. The Wake Forest University Researcher stated they tested lab rats THREE TIMES because they could not believe the positive results they were getting. -DavidCG