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Biotech / Medical : Biotech & Pharma.T.A,
BIB 83.86+1.3%Dec 24 4:00 PM EST

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To: Jibacoa who wrote (124)12/4/2002 1:15:05 PM
From: Jibacoa  Read Replies (2) of 3722
 
SQNM Not having, as yet,<g> a significant response to its latest announcement of its Re-Sequencing Technology for SNP discovery application.

The stock is up only 2% and volume only 46.7K (about 1/3 of its daily average)

The stocks continues to sell around 0.6 of book and below its reported cash/share 0f $2.43

The R/R seems favorable at present levels and IMHO it is worth to continue trying to buy it on any dips, for a possible 200 or 300% gain by the time the tax selling is over and the "January Effect" comes into play next month.<g>

bigcharts.marketwatch.com

Bernard
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