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Biotech / Medical : Biotech & Pharma.T.A,
BIB 87.36+1.2%Jan 27 4:00 PM EST

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To: Jibacoa who wrote (513)2/2/2004 3:29:52 PM
From: Jibacoa  Read Replies (1) of 3722
 
AFFX Made another 52wks. H at 11.35 AM when it traded at 32.21 above its Jan.29 H of 32.16

The volume of 1,658,400 is still well below its Jan.29 volume of 6,730,654 but has been back to the upside since 2.45PM

AFFX's earnings have been better for 3Qs on a roll and revenues have also shown improvement in the last 2Qs.<g> (Especially in the Dec.Q when revenues were up 14% and earnings 271% compared with 2002.

For the current year earnings are expected to show another 50% improvement and a 40% improvement is also expected for 2005 <g>

The stock is showing only a 1.5% gain at present.

bigcharts.marketwatch.com

But from a longer term perspective, the stock has plenty of room to run.<g>

bigcharts.marketwatch.com

Caveat: I am now long on AFFX.<g>

Bernard
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