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

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To: James Strauss who wrote (8837)5/22/2001 3:46:23 PM
From: Jibacoa  Read Replies (1) of 13094
 
JIM:

DCGN:Is holding the early morning up-gap (up 20%) after the news of their alliance with Roche and progress on their gene discoveries in relation with CVAs(cerebro-vascular-accidents)and diabetes:

REYKJAVIK, Iceland and BASEL, Switzerland, May 22 /PRNewswire/ -- deCODE genetics (Nasdaq: DCGN - news) and Roche today announced two new accomplishments in their research alliance to characterize the genetic factors contributing to important common diseases. deCODE scientists have identified a gene causally involved in cerebrovascular disease, or stroke, and have mapped the chromosomal location of a gene linked to type 2 diabetes. Under the terms of their alliance, deCODE receives milestones payments from Roche for these discoveries.

I don't think it will be able to close above the April 30 H at 7.50

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RAGL

Bernard
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