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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 (112)11/11/2002 12:43:44 PM
From: Jibacoa  Read Replies (2) of 3722
 
SGMO After its spurt on Tuesday, it is now back to its price on Monday.<g>

The money flow in the last 3 trading days of last week was positive in spite of the slow downward trend in price, RSI and momentum (The RSI at 53 and the MT at 0.98 still remain above the general average.<g>)

The CEO is due to present tomorrow at the Wall Street Analyst Forum's II conference in New York. (Will see if that will provide any help to the stock price.<g>)

siliconinvestor.com

SGMO is also due to face some tax-selling pressure since its January price was above $9, but the R/R appears favoraable with the price at 0.77 of book and its $2.24 cash/share.

siliconinvestor.com

Bernard
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