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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 (116)11/18/2002 11:06:25 PM
From: Jibacoa  Read Replies (1) of 3722
 
MDCC Was up 17.21% on volume of 499,125 ( about 4.9x its daily average), after an analyst at Deutsche Bank Securities upgraded it from "hold" to "buy".<g>

According to the analyst,the company is due for a turnaround after the introduction of its Ion Works HT.(The company had announced that on September 18 and had a demonstration of this new system at the Society for Biomolecular Screening meeting on Sept. 23-26, in the Netherlands.

siliconinvestor.com

From a longer term view, the stock seems to have plenty of room to run.<g>

siliconinvestor.com

The stock earning's have remained on the black, with a PE around 37. It has been selling around 1.64 of book, has no LTD and about $3.30 cash/share.

Bernard
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