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


To: ok who wrote (407)8/14/1998 1:42:00 AM
From: John Zwiener  Respond to of 1025
 
No special problems I know of. Igen has been moving right on ahead doing what they said they would, and even surprising me sometimes with new tests ahead of what I'd thought, and with far superior characteristics. Renee hinted at quantech technology, which so far doesn't seem to be anything special, and in fact was turned down by Igen a few years ago (what was your motivation in that suggestion, is there another rumor flying around?).

Yahoo insider trades shows white rock was still buying like a manic during July. I sort of think that Igen had a lot of momentum traders on board when the market correction started making an exaggerated correction in Igen happen, but I'll bet some are taking advantage of the price drop to accumulate more.

I no longer wonder why biotechs have such big price swings, they just do, even the best ones. I just hope my understanding is good enough that I have the longterm picture right, and I'm still looking for one that is better than Igen. At least more people are beginning to understand sepracor's potential.