thesi...@gmail.com

NGEN seems to be a company waking up.  They are entering licensing
agreements with other firms, producing more marketeable products and
trying to avoid issuing more stock.

Some will say they are not the company they once were.  True.  There
are more companies in their business area now, but nanogen nonetheless
has a position in a number of growing markets.  The question is
whether everything they have is worth more than $100 million.  I would
say it is.