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

BIB 85.24

+0.5%

Feb 4 4:00 PM EST

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To: Jibacoa who started this subject	5/7/2004 4:58:48 PM
From: Ian@SI	Read Replies (2) of 3722

Hi Bernard, If you get a chance have a look at the intraday chart for GENE. I've never noticed a chart like this one. From about 10:35 thru end of day there appeared to be a firm ceiling of 5.15 which it kept bumping up against until about 2:19. There were also a few high volume minutes especially for a stock which had an average daily trading volume of about 500,000 shares. 11:01 125,000 shares. 11:40 105,400 12:05 106,000 1:45 99,100 and about a dozen or so other minutes with volumes ranging from 20,000 to 30,000 shares. It seems to me there must have been a fund dumping a position. What do you make of it? if anything. Thanks, Ian

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