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Biotech / Medical : Cell Genesys (CEGE)

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To: GregS who wrote (758)3/11/2000 10:30:00 PM
From: Exacctnt   of 1298
 
GregS, Let's get with the program. From CEGE's own website and press release, "Cell Genesys retains 2,426,034 shares, or approximately 12 percent ownership of Abgenix stock."

cellgenesys.com Look at the 3/01/2000 Investor relations press release.

Perhaps you didn't factor in the 3,324,000 additional shares issued and sold by ABGX which increased their number of shares outstanding , and/or factor in the reduction of the number of shares CEGE owns by 966,000 shares as a result of them reselling them in the offering.

Regards

Edit: Looks like you've already been advised to the ownership percentage.
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