AVIGEN(avgn) Message Board

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Biotech / Medical : AVIGEN(avgn)

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To: Czechsinthemail who wrote (74)	8/28/1997 8:00:00 PM
From: adam hefian	of 228

Another new yearly low was set today.Now that AVGN has been making new lows every week,don't be surprised if you see the stock below $1 in six weeks.I think thats were we are heading.By then the company will be planning on doing a secondary offering,which i think no one will be interested in.As a result there is a big chance that they will be delisted from the nasdaq because of the price falling below a dollar.The last time i spoke with the CEO,which was about a year ago,he said that within one year they should have a deal signed with a big pharmaceutical company.Nothing has come through so far.I hope he knows what he is doing.It looks like they haven't had any sucess,and no one is interested.I just hope that AVGN will be around by the end of the year.

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