Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Abgenix, Inc. (ABGX) -- Ignore unavailable to you. Want to Upgrade?

To: fred hayes who wrote (237)	7/2/2003 1:48:09 PM
From: tom pope	Read Replies (1) \| Respond to of 590

Briefing: 12:26 ET ABGX rally attributed to takeover rumor (11.65 +1.28)

To: fred hayes who wrote (237)	7/2/2003 1:50:41 PM
From: Icebrg	Read Replies (2) \| Respond to of 590

>>Something is happening here. What it is isn't exactly clear... >> There are rumors that Amgen (as always) is looking to buy the company because of ABX-EGF. To be treated as suspect until the offer is on the wire. Amgen may very well like to gain full access to ABX-EGF, but they would also risk to lose most of ABGX's development customers, who would be less than happy to let Amgen have a close look at their development plans. They could use the plant, though. Erik