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Biotech / Medical : AVIGEN(avgn)

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To: Czechsinthemail who wrote (36)5/29/1997 5:28:00 PM
From: Tom M   of 228
 
Baird, I am planning on waiting this one out a while, I knew it wasn't expected to make money for the first couple years but the entry point seemed appealing to me as I don't expect anyone to be able to touch it at double or tripple these prices when/if the fruits of their labor start to pay off. Regarding the 12 by August, I wasn't being optimistic, I was being sarchastic. I was just saying that was where they expected it to be in August when they wrote them up a year ago. I do believe that could happen with the partnership announcement & insider buying which says to me management only thinks this company is going in one direction from now on. Was nice to see a tiny move today.

hanging,
Tom
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