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Biotech / Medical : Biotech - Technical Analysis

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To: aknahow who wrote (519)8/21/2002 4:48:50 PM
From: Jibacoa  Read Replies (2) of 544
 
SQNM Closed at the H for the day, up 18.23%

As previously mentioned, it announced today its plan for acquiring Axiom Biotechnologies and had other "strategies updates".<g>

The San Diego Co. has been selling at 0.43 of book and below its reported $2.94 cash/share.

Message 17902866

At present the 3 daily averages (S,M & L) stand at 2.03; 2.12 & 2.84.(Not on the right sequence as yet.<g>)

siliconinvestor.com

Disclosure: I bought some today and plan to add more when it is able to close above the July 16 H of $3.10 (By that time I expect the averages will be aligned in the right sequence.<g>)

siliconinvestor.com

Bernard
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