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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 (144)12/10/2002 11:24:04 AM
From: Jibacoa   of 3722
 
CVSN In spite of it precarious looking financial condition, <g> it is up 12.18% on a light volume of 1,700 (about 0.05% of its daily volume <g>) after announcing that it will demonstrate its next generation image analysis system, ACIS II, at the 25th Annual San Antonio Breast Cancer Symposium on December 10th through 14th.

After forming a double top at the 5.50 level in February, the stock dropped on heavy volume in April, but seems to have found good support at the 1.15 level.(The insiders that hold 55% of the shares, have done significant buying and there is a short position of 635K (about 30x the daily volume of 20K)so there could be a good SS.<g>

bigcharts.marketwatch.com

The stock needs to close above the June H of 2.42.

bigcharts.marketwatch.com

Bernard
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