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Biotech / Medical : Cell Genesys (CEGE)

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To: david james who wrote (932)6/5/2000 6:22:00 PM
From: Gemini  Read Replies (2) of 1298
 
David,

I'm listening to the tape. Very close to the beginning,
Sherwin states that the company has approximately 250
million in cash plus an additional 5 million shares of
ABGX (12 percent or about 500 million dollars based upon today's close) or a total of 750 million.

Where does the 250 million come from? I thought the
company had 50 million in actual cash excluding ABGX stock.

Allan
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