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Biotech / Medical : biotech fireworks -- Ignore unavailable to you. Want to Upgrade?

To: Icebrg who wrote (228)	8/19/2002 5:26:21 PM
From: Icebrg	Read Replies (1) \| Respond to of 7424

Photogen Techs. The company added 91 % during the last hour of trade. This is a microcap which I have on a watchlist as they have a j/v with Elan, who also holds some shares in the company. This was a 20-dollar stock a couple of years ago. Todays close was at 86 cents. Amarin closed the day up another 46%. Reason unknown. I can not really see anything in the company's surroundings that could explain this move. It is now up almost 100 % in less than a week. When prefs. are converted Elan will hold close to 50 % in Amarin. And they have been doing some not so transparent business with each other. Thomas Lynch (of Elan-fame) is their chairman. Interesting development. Ice