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Biotech / Medical : Biotech Valuation
CRSP 56.68-2.4%Dec 12 9:30 AM EST

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To: Ian@SI who wrote (2855)2/8/2001 11:49:57 AM
From: Jibacoa   of 52153
 
Ian:

I am glad to hear about the optimistic outlook on SCIO.

I am concerned about the general market near term trend as it seems we are going to need more help from the FED. The speech from GWB this morning on the proposed tax cuts hasn't helped so far, as the DOW is -17 and the NAZ -5.Will see how it does before the close.

SCIO started on the upside, but the higher volumes this morning have been so far on the downside, although less than yesterday. It seems important that it is able to hold the 19 1/2 level today.

On the downside the numbers I would watch are the 18 1/2 and the more important looking 17 3/8. On the upside I would like to see it closing above 23 7/8.

RAGL and excuse me for comments on looking at its "chart".

Bernard
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