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


To: Invest2Ride who wrote (430)9/13/1998 10:39:00 PM
From: James Perry  Read Replies (1) | Respond to of 1025
 
I think you must have nerves of steel. I am hoping that a settlement with Roche will soon be forthcoming, and I think that alone will carry the price of Igen above it's past high. But as soon as that is out of the way I think they will also be ready to announce their POC instrument. I confess that when the price hit 40 and 45 in the past, I expected the price to fall. But being out of the stock was not a risk that I chose to consider. And I have no regret that it now is down, for it will take little to push it back up. The float is thin and a little buying really lights a fire. Once you conclude that they have strong and novel technology, staying out appears to carry a risk.