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Biotech / Medical : Cor Therapeutics Inc. (CORR) -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (361)2/3/1999 1:26:00 AM
From: aknahow  Read Replies (1) | Respond to of 712
 
I don't know. I repeat that I think that CORR sandbagged the targets. When CORR talked about weekly sales being $750,000 it is now obvious they knew that was the average of 12 weeks, rather than sales during the last week as was reported. I don't like this sort of B.S. either.

I think that the post on this thread have been of great value. I "know" one of the posters from another thread and believe his post on usage where he works are 100% accurate.

Even sandbagging by CORR is of value. Since sales during the 12 weeks averaged $750,000 we know that the first of these weeks was not close to $750,000 and that another posters suggestion that they were around $1,400,000 ??? per week at the end, probably are correct. With no further ramping that would be about $17 million in this quarter. I would bet on $20 million but for the rest of the year I would prefer to be wrong just on this quarter.<g>

If the sales are above $20 million I will become very bullish on this stock but still concerned about the cost of future trials.