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Gold/Mining/Energy : Vasogen-- VAS on TSE -- Ignore unavailable to you. Want to Upgrade?

To: brb who wrote (181)	8/8/1999 11:59:00 AM
From: jackil_54	Read Replies (1) \| Respond to of 377

Is anyone watching this one? Goldman bought about 200 000 shares in the last 2 days of trading. The price is up a little and rumours are at least one American company is very interested in Vasogen's technology. Don't have a clue when a deal may be signed but this thing could pop short term. If it doesn't then I would expect a double by the end of the year. By the way, there are at least 4 analyst reports out there with BUY recommendations and price targets between 3.50 - 4.00 (if I remember correctly). I think what happened with this one is the company decided on doing some more R&D instead of commercialization. This strategy cost impatient shareholders to leave and cause the decline of the share price over the last 18 months. However, the company presently has 4 different products (at vastly different stages of development) and a deal with Vasocare is expected this year at some time. I think this one is a good bet, any comments?