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Biotech / Medical : Enzo Biochem

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To: Doug Robinson who wrote (61)1/15/1997 6:34:00 PM
From: Rich   of 83
 
Jerry Wenger said that Enzo is going to a meeting at Morgan Stanley
tomorrow. Jerry said he is going to talk to his investment banker
tomorrow to find out exactly what is going on.

Abbott is supposed to buy 25% of ENZ and market ENZ's products. Jerry
said he believes the deal is going to happen its just a matter of
when the announcement is made. He said the deal should be worth
$27-$35 per share.

I am still holding on to my shares. I can wait for the announcement.
I learned from the past not to sell to soon. Most announcements take
more time than is expected. I think that ENZ is still a good company.

Rich
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