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


To: Cavalry who wrote (636)10/25/1998 2:14:00 PM
From: Michael Olin  Read Replies (1) | Respond to of 1255
 
Yes, some of us longs are still out here. I bought in 4/96 at 5.875 and 8/96 at 3.375. I heard promising things about the science (and confirmed it with a biochemist or two), saw where they were with trials, and I'm still here. Partnership with a major pharmaceutical was always being discussed on the thread as a necessary step to bring the compounds through Phase III trials, NDA and to market. There was never any expectation, at least on my part, that a partnership was imminent. It was always those "by the end of the year" rumors. This year, with delisting a distinct possibility, maybe it's more urgent, also, this is the first time that the company has come out with anything directly suggesting that partnership discussions were even approaching fruition. If I have to write this one off, it will be the whole thing. I'd hate to bail out for pennies and then see it take off. I knew when I bought CORX that the stock could just as easily go to $0 as $100. I'm still waiting to see what happens next.

-Michael