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Biotech / Medical : VD's Model Portfolio & Discussion Thread
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To: Biomaven who wrote (5286)7/7/1998 12:14:00 AM
From: John Zwiener  Read Replies (2) of 9719
 
Though I am pleased that Igen has moved up 25% to 40 and Aurora is up almost 50% from 2 weeks ago when I mentioned I thought these were worth looking at, I am a little puzzled that no one here really seems to follow these testing technology stocks. Of course, it is Igen that I think is the solid value, and undervalued, with little doubt on my part.

I think the lack of interest in Igen is one of the reasons Igen stayed so cheap for so long. True, Igen has moved quite a bit over the last year and a half, but still, relatively few follow this company. In learning about Igen, one realizes there is are several giant areas in biotech and research and patient testing that have become wide open over the past couple of years, and are growing very fast. Also, this technology ties in with many of the biotech drug companies followed here. Igen instruments are used in over 40 pharmacuetical companies. In the massive screening coming up for all the new targets and compounds being discovered and produced, the better technologies will be there screening for a very long time.
Also, I have slowly become convinced that POC is bigger than I had thought. It looks like Igen will have an advantage here.
If anyone has thoughts on this company, I would like to see them. Regards.
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