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To: scaram(o)uche who wrote (62)	10/21/2001 10:32:50 PM
From: richardred	Respond to of 247

Yes-That was at the dawn of the Biotech stocks. Back then, Damon even owned ESTES model rockets, and HI Flyer kites. Microencapsulation-I believe was the Damon patented process. I just owned the parent, and even made some good returns on it. They didn't spin it off (Damon Biotech) as I remember, but sold shares in an offering while retaining an interest. National Patent & Flow General were anothers with Interferon. I owned some of each. NPD spun off many things. I believe Interferon Sciences spin-off went under? I'm not sure what happened to Flow.