To: dbblg who wrote (95558 ) 3/5/2000 12:40:00 PM From: H James Morris Read Replies (1) | Respond to of 164684
>Meanwhile, a small-cap from the town I grew up in became my largest holding for the first--and probably last--time on Friday... Tell me more... It's not fair to keep Gems to yourself. Re: San Diego.. we're very much into Bio-techs here. Too many to name, but how about our Nanogen? It's only up 347% YTD! >SAN DIEGO , Feb. 18 /PRNewswire/ -- Nanogen, Inc. (Nasdaq: NGEN) announced today that it has filed a registration statement with the Securities and Exchange Commission for a public offering of 2,500,000 shares of its common stock (excluding 375,000 shares to cover over-allotments, if any). The 2,500,000 shares are being sold by the company. If the underwriters exercise their over-allotment option, up to an additional 145,355 shares may be sold by the company and up to 229,645 shares may be sold by selling stockholders. Warburg Dillon Read LLC, Lehman Brothers Inc., Pacific Growth Equities, Inc., Dain Rauscher Inc. and First Union Securities, Inc. are managing the offering. Nanogen integrates advanced microelectronics and molecular biology into a core technology platform with broad and diverse commercial applications in the fields of genomics, biomedical research, medical diagnostics, drug discovery forensics, agriculture, environmental testing and potentially the electronics and telecommunications industries. Nanogen has developed an integrated system, the NanoChip(TM) molecular biology workstation, comprised of two automated instruments and a consumable cartridge. The NanoChip(TM) cartridge, incorporating a proprietary microchip, provides a flexible tool for the rapid identification and precision analysis of biological test samples containing charged molecules.