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Biotech / Medical : IGEN International

IGEN 0.0001000

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Jan 16 9:30 AM EST

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To: James Perry who wrote (264)	3/3/1998 9:19:00 PM
From: John Zwiener	Read Replies (2) of 1025

James, I like every one of your picks. I don't have TXB, but I have been eyeing it. I don't understand it enough yet to move, but so far, I like it. Ligand fits in the solid speculation catagory and it is very likely to really move one of these days. When, I don't know, but it will move within the year (95% certain it will be up). Lidak is a crazy speculation, but there is evidence that they may have something and they have enough money to survive. I don't recommend it very much, but they could have something that would work out very well. The problem as I see it is a quirky management. With a little humbleness, Lidak could work out. Did you see the strange price spike at the end (for Igen) ? New high to 22 7/16. But bid and ask stayed at 22 1/16 and 22 3/8 while trades continued at the higher price. Chart still looks good for more upside this week.

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