ENZON, Inc. - New Chairman Message Board

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Biotech / Medical : ENZON, Inc. - New Chairman

ENZN 0.0400

0.0%

Nov 7 9:30 AM EST

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To: Ed who wrote (17)	4/1/1997 8:40:00 PM
From: GC	of 96

Ed, I only know what was already released. Last 7 insider tranactions were all buys. Not a lot of stock though. I did talk to the company recently and was told that virtually every employee is a shareholder and the company is now working on getting some visibility in the investment community. Up to now I don't think they cared if anyone knew what they are up to. By the way, if they don't get stock price up soon, they are going to get bought out, probably by Green Cross. That is my opinion. It is based on the royalties on a 400 million dollar drug. I can't confirm because the company is SO tight lipped about their agreements etc., but was stated on AOL message board that royalty is 20%. If that is true, they will be bought out for sure as even 10.00 a share would give Green Cross all of ENZN for just 3-5 years royalty on rHSA. It should be approved late next year and the royalties would last until 2013. Green Cross was bought by some bigger Japanese Co. and I'm sure they are looking at ENZN right now. IT IS JUST TOO DARN CHEAP and it won't be for long. Regards. Gary

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