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Biotech / Medical : Biotech & Pharma.T.A,

BIB 76.07

+0.9%

Nov 12 4:00 PM EST

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To: Jibacoa who wrote (1)	8/26/2002 4:26:05 PM
From: Jibacoa	Read Replies (2) of 3722

BIOM Has continued the short term UP-TREND on its 15 minutes chart that started on August 21.Parameters there at present are:3.18; 3.12; 3.02 & 2.90 On its daily chart it is also now on an UP-TREND with parameters there: 3.18; 2.89; 2.68 and 2.55 The stock is up 11.58% for the day with volume somewhat above its daily average. On August 2 it reported the result for the 2nd Q and it showed that its burn rate is going down as the research and development expenditures for the six months ended June 30, 2002 totaled $13.7 million compared to $22.3 million for the same period in 2001. The THERATOPE Phase III trial for breast cancer is well under way with a possible early look next month. With their relation with Merk A.G. which is sharing some costs and its present cash position it seems they have enough sources to complete the present trial as planned without the need of extra financing. It closed today above the June 27 intra-day H of 3.05 and the next resistance stands now at the May 17 H of 4.17 siliconinvestor.com siliconinvestor.com Bernard

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