Biogen Message Board - Msg: 4969779

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Biotech / Medical : Biogen

BIIB 181.89

0.0%

Nov 26 3:59 PM EST

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To: Hong-Lee Yu who wrote (678)	6/22/1998 9:46:00 PM
From: Harold Engstrom	Read Replies (2) of 1686

No, but Jim Tobin made sure to point out to those present that the company had close to $500MM in the bank and steadily climbing. Someone also asked about whether was a candidate for acquisition. Jim Vincent was pointed in saying that Biogen had been ripe since 1988, but the company feels it can return far better value to the shareholders as an independent operating company.

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