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Biotech / Medical : IGEN International

IGEN 0.0001000

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Mar 7 3:00 PM EST

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To: James Perry who wrote (279)	3/7/1998 12:18:00 AM
From: John Zwiener	Read Replies (1) of 1025

The stock is only at 27, with the bid and ask higher. Granted it's 5 times higher than 8 months ago, but there is a long way to go before it hits the very conservative minimum of 40. I feel the minimum should be higher, but Igen didn't reveal the terms of the Pfizer deal (which I suppose to be possibly to be as big as the Roche/BMG deal---I'm referring to the potential of the high thru-put for pharmaceutical screening purposes. There is a lot of competition here, but the casual reference to making new tests in days instead of months is very big. To my way of thinking, this ability will save major pharm. co. tens and hundreds of millions in research, by quickly directing the focus in the right direction). Price up, why? The potential of the latest press release. New deal pending. Roche settling with Igen, in Igen's favor. New attention by that analyst who says it's his best idea. though I am pleased with this price run, I still am bored with this stock because it continues to do what I have expected. I still expect it to be higher in the long run.

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