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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: tool dude who wrote (23252)3/23/1999 2:23:00 AM
From: Force Majeure   of 122087
 
<ACYT> - some fundamental information

last: 7 1/8
today's volume: 892,800
52-week high: 8 3/8
52-week low: 2 1/4
average volume: 20,000
outstanding shares: 12.68M
shares float: 2.20M
EPS: -0.72
They were formed by Hoffman-LaRoche, and two venture capital firms, Ampersand Ventures and the Sprout Group.

Today's news that the FDA gave pre-market approval of their new PREP test with their proprietary screening technology, SCREEN, obviously pushed the stock up today. It is designed to detect cervical cancer, so it obvious has popularity as a more accurate replacement for the traditional Pap Smear.

Statistics from their report:
The total population for the three studies was 200,000 women. Combined, these studies reported the following favorable results for the AutoCyte liquid-based preparation method when compared to the conventional Pap smear:
* Increased the detection of low-grade squamous intraepithelial lesions ("LSIL") by 59%
* Increased the detection of high-grade squamous intraepithelial lesions and cancer ("HSIL+") by 79%
* Decreased the uncertain ASCUS/AGUS classification by 43%
* Decreased the satisfactory-but-limited-by ("SBLB") classification by 74%
* Decreased the unsatisfactory classification by 90%.

However, with such low volume (even for a high volume day) this may or may not be a good position. I have no position, just thought I'd share my research to help us determine whether this is a good short target.

Cheers!

FM
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