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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: JustTradeEm who wrote (18247)1/10/2002 4:57:51 PM
From: Tom Hua  Read Replies (2) | Respond to of 19633
 
JB, did it really trade up to 57? now printing 48s.

Regards,

Tom



To: JustTradeEm who wrote (18247)1/10/2002 4:58:56 PM
From: Bob  Respond to of 19633
 
JB

I had IGEN long at 18 sold at 32 last fall. :-(

Roche Ordered to Pay $501 Mln in Igen Licensing Case
Greenbelt, Maryland: Roche Holding AG must pay $501 million
in damages to Igen International Inc. for underpaying licensing
fees on blood-testing technology used in Roche's diagnostic
equipment, jurors ruled.
Jurors in federal court in Greenbelt, Maryland, deliberated
more than four days before finding Roche's diagnostic unit
deliberately underpaid royalties on the technology, used to test
bodily fluids for cancer and thyroid problems. The jury also found
Roche engaged in unfair business practices and that Roche's
license rights to the technology should be terminated.
Medical-industry analysts have been closely following the 10-
week trial because Roche's license to Igen's technology is
estimated to be worth more than $1 billion, according to testimony
in the case. Roche is the No. 1 maker of diagnostic products in
the world.
``The license is the most attractive feature of this whole
thing,'' said Bob Parente, an analyst with Leerink Swann Inc., a
Boston investment firm who has monitored the trial.

Also look at MATK, they sell an additive for infant formula.

Regards,

BobP