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Biotech / Medical : Collagen Corp.
CGEN 1.730-2.3%9:30 AM EST

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To: OldAIMGuy who wrote (43)6/10/1997 7:44:00 AM
From: Jonathan Rothschild   of 72
 
The volume was basically one crossed trade around 285,000. There's only one offer at 17 1/2/ Hopefully this is the last block in the way. Two other blocks were crossed a couple of weeks ago. This is positive. The selling is done intelligently after the market maker rounded up enough buyers. This is really turning into an institutional stock. Someone wanted out. Hope it wasn't Wellington as they would have alot to sell. Someone was obviously p.od after the last few announcements. This is my biggest position in the stock market. You got in at great prices. Now all we need is one institutional buyer for 50,000 shares and the stock will be back at 19 and higher.
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