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Biotech / Medical : AVIGEN(avgn)

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To: Amir Shalit who wrote (95)	9/5/1997 4:43:00 PM
From: Czechsinthemail	of 228

The lack of follow-through today and a very narrow trading range suggests we may have peaked for the moment. And if the stock doesn't continue moving up, we may have some selling coming in that will trim some of the recent recovery. It will be interesting to see if there is some insider accumulation afoot, I suspect it will turn out to be an institutional buyer getting some on the cheap. But if it does turn out to be insider buying, I think it will provide an enormous psychological support and likely trigger much more buying interest. Good luck to all with this strange ride. Baird

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