Progenitor (PGEN) Message Board

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Biotech / Medical : Progenitor (PGEN)

PGEN 4.145

+2.6%

3:59 PM EDT

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To: scaram(o)uche who wrote (68)	3/31/1998 2:39:00 AM
From: Czechsinthemail	Read Replies (1) of 106

This company is intriguing to me because of things like the CAT collaboration. As you pointed out, there isn't a clear and present money flow you can point to, but it increases the potential for a synergy that could benefit both companies without substantial cost. They seem to have an opportunistic flexibility that is nice to see in a small company. The announcements are giving visibility to the steps the company seems to be taking that are gradually adding to its potential for something big to open up. Their recent flow of announcements seems to have gotten them out of the doghouse and at least into the dog show. It has been nice to see the company getting some positive movement in its share price, though it looks like my attempts to pick up more shares on a pullback may not work out. I think one big money deal may be enough to give the stock a major jump, particularly since it would relieve the pressing concern around the burn rate. If Lehman's analyst is on target and a major partnership comes through, show me the money time could be happening within the the next few months. Baird

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