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Biotech / Medical : Progenitor (PGEN)
PGEN 4.140+2.2%Oct 31 9:30 AM EST

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To: Czechsinthemail who wrote (28)2/24/1998 11:32:00 AM
From: Steve Lokness  Read Replies (1) of 106
 
Baird;

Thanks for the information on PGEN. I believe it was you that voiced a concern that PGEN did not have cash to keep them going for very long and yet surely they would not have taken on the addition burden of Mercator without the expectation of future revenues (partnership). I have no understanding of what PGEN acquired with Mercator - do you have any understanding of what this acquisition was about?

Thanks;
Steve
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