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Biotech / Medical : IGEN International -- Ignore unavailable to you. Want to Upgrade?


To: Stemwriter who wrote (401)8/6/1998 8:16:00 PM
From: John Zwiener  Read Replies (1) | Respond to of 1025
 
I don't know, but Igen keeps looking better to me. I understand there is nothing within the company to account for this. Early on Igen would go from 4 3/4 to 7 or 9,,,and back down again. Big swings. The bottom today didn't feel so soft, with lots of trading going on. So maybe we will find a bottom here. I may add more. All I know is they seem on the edge of considerable revenues. Maybe the momentum traders wanted settlement of the Roche conflict sooner, but the earliest may be at the end of August, and probably some horse trading may go on, but Igen will want a definite price from Roche and they won't settle until they get it IMO. So it could go on for awhile. Meantime, Roche can't have POC.