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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Jibacoa who wrote (5063)	9/10/1999 5:53:00 PM
From: Jibacoa	Read Replies (1) of 13094

JIM: And still another Biotech with a decent looking chart and some good news is IVX. Here is some of the news: MIAMI--(BUSINESS WIRE)--Sept. 9, 1999--IVAX Corporation (AMEX:IVX - news) today announced that its patented Easi-Breathe(TM) Breath-Activated inhalation device, developed by the company's Norton Healthcare Limited subsidiary headquartered in London, U.K., has been granted ``Millennium Product' status by the U.K.'s prestigious Design Council. The innovative inhaler has won two other coveted awards in the U.K. as well: the 1997 Prince of Wales Award for Innovation and the 1998 Royal Academy of Engineering's MacRobert Award. It seems to have some future in it,instead of the patient having to "time" pressing the gadget at inhalation time or using a "spacer" their gadget is triggered by the patient's inhalation. They also received FDA approval for a new generic drug. Bernard

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