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Biotech / Medical : DNA Plant (DNAP)

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To: karl sloth who wrote (74)	8/14/1996 2:06:00 PM
From: Bao Truong	of 79

Karl, go to WSJ Briefing and check out their press release. Apparently, there is an amendment to the original merger agreement. In this new agreement, ELM will pump in an additional $8mil to DNAP on of the the original $10mil. I guess that is why the thing is bouncing back. I don't quite understand why it went down that low in the first place. Lots of analyts have been very optimistic about the future of DNAP because of the merger. I guess, ELM must be trying to depreciate the price so they can buy it cheap. I don't know. Any how, the new company will be promising with ELM's support. Good investing, Bao

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