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Biotech / Medical : Biotech & Pharma.T.A,
BIB 75.40+5.5%Nov 11 4:00 PM EST

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To: Jibacoa who wrote (28)9/13/2002 4:26:48 PM
From: Jibacoa  Read Replies (1) of 3722
 
CIPH Was up more than 14% with volume around 3x its daily average after the news early this morning about the comments from Business Week.

"7:27AM Cepheid seen selling anthrax detection product to Postal Service (CPHD) 3.74: Business Week expects this small biotech company to soon attract attention.

The company, which has a gene-based product for detecting biological agents such as anthrax, is expected by one analyst to sign a contract with the U.S. Postal Service in the next 2-3 months.

The Postal Service is currently testing the equipment, which the Rodman & Renshaw analyst expects will be in use by mid-2003. He sees Cepheid making money by 2006."

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Bernard
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