LEXG-Lexicon Genetics Message Board

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Biotech / Medical : LEXG-Lexicon Genetics

LXRX 1.250

-12.6%

Nov 7 9:30 AM EST

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To: scaram(o)uche who wrote (20)	11/27/2000 8:03:21 PM
From: Toby Zidle	of 254

I do appreciate the abundance of positive press releases that have been posted in recent weeks. I am trying to reconcile this strong outlook on paper with the horrendous outlook I see when I look at the LEXG chart. Barcharts.com now rates LEXG an overall 80% 'Sell'. Further, not a single technical indicator, of 13 presented on that site, calls LEXG a 'Buy'. quotes.barchart.com I suppose that means that the T.A.-oriented investors will just sit on the sideline watching the price continue to trend down until something is found that will turn the stock around. IBD rates LEXG a "C" in Accumulation/Distribution (neutral) within an "A"-rated industry. Relative Price Strength for LEXG is an anemic '31'. Where's the good entry point on this stock? Back at the $9 - $10 Lows of early summer?

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