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Biotech / Medical : Small Cap Foreign Biotech

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To: RWReeves who wrote (39)	2/29/2000 9:53:00 AM
From: nigel bates	Read Replies (1) of 363

re - BIYA should make it clear that I lifted the portfolio details from the year end report, so it may be somewhat out of date. Having said that, it hasn't been actively managed over the last 6 months, & one or two of the declarable holdings I managed to check matched up. The biggest movement was that they held c.10% of OGS , and reduce this to c.8%. I didn't show the non US holdings, as I can't get SI to display the prices. They have a nice stake in Celltech Chiroscience & Vanguard Medica. My main interest is in the unquoted stuff, however, as this is about the only way I know to get a shot at this sort of stuff (& any upside is not in the price). nig

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