IGT Pharma (V.IGT) Anti-Cancer Blockbuster!! Message Board

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Gold/Mining/Energy : IGT Pharma (V.IGT) Anti-Cancer Blockbuster!!

IGT 16.66

+0.4%

Oct 31 9:30 AM EDT

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To: Stephen O who wrote (53)	1/12/1999 1:46:00 PM
From: Spiney	Read Replies (1) of 86

>>Tandem, they quote a study done by Ernst & Young that biotech companies on average with a phase 1 trial had a market cap of $100 million, for phase 1 cancer drugs the average number is $52 million. Compare that to IGT's mkt cap of about $8 million. We have a long way to go. << Who is Tandem? I didn't get anything from them and I'm on IGT's fax list. I have heard those #'s tossed about before and it would be nice to see!!! But...it seems that IGT needs to elevate their profile in the market before it moves up that much - this news should help a lot. regards, spiney

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