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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Tassi who wrote (54060)4/4/2000 7:00:00 PM
From: rupers   of 122087
 
Tassi - CEGE will rebound by end-month - big, IMO.

Maybe old news to you, but: The $ 194 million they got from ABGX sale will be reported as "earnings" in their annual statement due out during week of April 24th. They have lots of net loss carry forwards to apply to the tax bill on the profits. Will see a single digit P/E ratio for biotech (that'll grab some attention). Doesn't take a math wiz to see value per share with 34 million shares outstanding, and they still have 2.5 million shares of ABGX in their coffers (worth about $ 300 million now).

CEGE is aggressively looking for acquisition of another biotech with a product/product line near ready for commercial distribution. CEGE will also have some news on their clinical trials for clinical studies cancer symposium in May.

IMO, buy this son of a gun cheap while you can.
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