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Biotech / Medical : Biotech - Technical Analysis

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To: Jibacoa who wrote (511)	8/14/2002 4:07:52 PM
From: Jibacoa	Read Replies (1) of 544

RIGL Seems to have found support at the 2.01 level.<g> The heavy volume on June 28 (220,700) was on the up-side. Earlier this week they announced a deal with and Daiichi Pharmaceuticals for research on protein degradation. The insiders hold about 50% of the shares.The institutions reportedly had been buying some lately and they seem to have enough cash for almost 2 years at the present burn rate.<g> siliconinvestor.com siliconinvestor.com Bernard

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