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Biotech / Medical : Visible Genetics Inc.(VGIN)

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To: scaram(o)uche who wrote (159)3/9/1998 5:12:00 PM
From: Richard Haugland  Read Replies (2) of 337
 
Richard, another stock that seems to be breaking out recently is Molecular Dynamics (MDYN). Up all last week and + 7/8 today to 15 3/8 after hitting 15 3/4. It has moved up from about $10 following its one-day fall from $16 in January. Some rumors out there that Perkin Elmer is interested in acquiring the company, although I have no personal knowledge of that. I am holding onto this one for now. Amersham, which I believe may still own a stake in VGINF, I believe also still owns about 10% of MDYN.

quote.yahoo.com
Subject 9185

Unfortunately, I bought back into VGINF at 11 down to about 7 1/2 so am back down again after selling at a profit into the run-up earlier. However, sales of these new kits should help. Those are EXPENSIVE kits and this should help the stock's price.
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