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Biotech / Medical : Biotech & Pharma.T.A,
BIB 79.76-2.1%Dec 30 4:00 PM EST

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To: Jibacoa who wrote (62)10/11/2002 10:59:06 AM
From: Jibacoa   of 3722
 
NERX Is down 15.79% today on low volume, erasing yesterday's gain.<g>

It is selling at 0.38 of book and seems headed to retest its October 1 L at $0.24 in spite of reported insider and institutional buying. It was downgraded by Raymond James last month, the FDA has requested that it puts its PreTarget programs on hold, it has cut down 30% of its work force and the NAZ has given it a warning of listing non-compliance.<g>

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