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Biotech / Medical : Biotech & Pharma.T.A,

BIB 79.78

0.0%

Dec 31 4:00 PM EST

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To: Jibacoa who wrote (2885)	9/7/2010 12:36:25 PM
From: Jibacoa	of 3722

After forming a base at the $10level, CMED is up for 7th day on a roll.<g> The stock is up today 9.22% with volume already above its ADV bigcharts.marketwatch.com CMED reseived an 'upgrade' to buy from Deutsche <g> CMED has 4 consecutive Qs of lower revenues and lower earnings, albeit earnings have remained on the black and revenues on the 1stQ of the current year, that were reported on Aug16, showed some sequential improvement on revenues. The ACTAY has been cut to $14.77 The EE for 2010 are around $1.46 vs. $0.90 in 2009 and for 2011 a further improvement to around $1.80 is expected The stock has resistance at the $13 level bigcharts.marketwatch.com But if earnings come out as the analysts are expecting,the previous $15 target could still be reached.<g> bigcharts.marketwatch.com Bernard

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