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Biotech / Medical : Progenitor (PGEN)
PGEN 4.140+2.2%Oct 31 9:30 AM EDT

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To: Czechsinthemail who wrote (54)3/20/1998 12:43:00 PM
From: Steve Lokness  Read Replies (2) of 106
 
Baird;

What announcements were you expecting that might move this stock even further?

to Richard; Weren't you going to post some thoughts on the annual meeting?

Lehman Brothers has a 30 plus page report on PGEN that probably should be read by those following this one. The Chiron T7T7 deal which was mentioned is worth up to 51 million (according to this report it looks like only 2 million of this agreement has so far been so there is certainly potential for considerably more). One would think that todays announcement would suggest milestone payments will be triggered and further announcements along this line would be upcoming.

Sure wish I had bought more of this one.
Steve
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