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Biotech / Medical : AVIGEN(avgn)

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To: Tom M who wrote (70)	8/21/1997 4:03:00 AM
From: Czechsinthemail	of 228

Tom, AVGN seems to have taken some heavy (for AVGN) selling. My guess is that some people are lightening up to move their money to something with more action. AVGN and other small biotechs have been pretty much ignored during the market run. They are consequently great bargains, particularly for patient investors. The company has a strong balance sheet, and the stock doesn't sell for much more than its cash on hand. Eventually money will come into this one and it will pop up dramatically. Perhaps there will be some good news announced around the upcoming quarterly report, which should be arriving soon. Let's hope so. For those who haven't visited, the Avigen website is worth checking out: avigen.com Baird

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