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Biotech / Medical : Biotech & Pharma.T.A,
BIB 70.25+0.1%Nov 6 4:00 PM EST

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To: Jibacoa who wrote (46)9/25/2002 4:56:17 PM
From: Jibacoa  Read Replies (1) of 3722
 
CIPH Was up 10.11% closing again over the $3 level.<g>

Its July 24 L at $2.35 was just $0.01 above its reported cash/share of $2.34 <g>

It still has to deal with the Sept.20 H at 3.50 before it can test the more important resistance at the 3.95 level

It had been selling at 0.94 of book. The insiders hold 36% and institutions, which have done some buying lately, hold 38% (60% of the 17.4 M float)

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Bernard
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