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Biotech / Medical : Progenitor (PGEN)
PGEN 4.035-3.0%10:18 AM EST

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To: nelli who wrote (2)8/24/1997 3:29:00 AM
From: Czechsinthemail   of 106
 
WY,

Was the Mercator purchase funded by IPO shares or cash from the IPO? My sense of the company is that they will rise or fall based on the success of their collaborations with Amgen, Novo, etc. I'm not sure how cash poor they are or what kinds of revenue streams they may have from their partnerships. The science sounded interesting to me, but I don't yet have a feel for the company or its business plan.

Baird
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