First Time Poster With Lighter Side
I just wanted to take a minute and thrust forward with my first post here on InvestorsHub and let you folks know how much I have enjoyed finding this site. Just finding all the COR links alone was great, but then being able to read up on the posts really made me appreciate all the hard work that so many of you put into this board. Thank You.
The rest of this post will be on the light side, for those of you who might get a kick about reading about how Cortex’s early days were responsible for helping our small local, Coastal Carolina College, here near Myrtle Beach, SC, reach the pages of USA Today on March 5th, 1992. I think our enrollment was around 2000 students back then.
The year was 1991. We were a finance class of 20 or so, and we had just entered the AT&T Collegiate Investment Challenge. The challenge consisted of around 10,000 students that year, and it was presented with an emphasis as both a top school, and top student investor game. We had a great professor who was passionate about the market and to this day I still look up to him. One of our guys in the class knew someone in biotech research at a brokerage house. He recommended that we take a look at a, I can’t remember if it was an IPO, being listed as CORX, or if it was already trading and he was expecting a big announcement, with exciting innovations into memory retention, with all kinds of possibilities.
AT&T’s rules were wide open that year, and most of us piled into the stock. The stock took off, some of us traded in and out a few times, and it was our best performer for the Challenge going away. Our little school finished first in the Nation, beating schools like Harvard Business School, University of Pennsylvania, MIT, and other upper crust schools. Our former Dean of the business school later recalled to me that it was the best fund raising tool he ever had in his tenure with Coastal. The school built a huge Business school building, enrollment skyrocketed, and Cortex had a part in that.
The next year, 1992, AT&T changed some of its rules, our professor jokingly called them the “Coastal” rules, and those rules were tighter on how closely student’s portfolios could mirror each other. Our class size ballooned with all the local media from the year before. I honestly can’t remember how much, if any, a part Cortex played that second year as my portfolio was nearly wiped out the first week, I had just opened my first business, and I lost some interest, but the school still finished 2nd in the Nation. USA Today picked up the story and did a small article on it. I still have the 2 sweatshirts from the game folded away and they bring back fond memories. Being an older student back then I think helped me appreciate the experience all that much more and opened my eyes to the possibilities for biotech companies that can meet real needs like Cortex.
I purchased my first “real” Cortex, (CORX back then,) stock in 1992 and have been in and out a bunch of times since, always happy, by waiting for a bounce if stormy clouds surround the stock. The internet as we know it was just getting going and I remember being on an old Prodigy Internet dial up bulletin board at 9600 bps to get information. This board is so much better and again I thank each of you for your contribution.
I have never felt as good about Cortex’s prospects in the 15-16 years I have followed it, as I do currently and I started buying in again February 5th through early March.
Thanks once again.
scstocks
AI
