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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 (155)	1/6/2003 12:14:40 PM
From: Jibacoa	Read Replies (1) of 3722

SQNM Is up only 14.99%(It is still 0.01% short of making the Biotech Fireworks list today.<g>) It said on this morning that it expects revenue to rise by nearly 43 percent in 2003 as it attracts more customers by expanding its offerings.(It anticipates reporting revenue of about $32.2M for 2002, with $7.5 M from the 4th Q and for 2003, it expects revenue of $46 M. "New customer applications for the MassARRAY system should help increase sales of our genetic systems unit by approximately 40 percent in 2003," said its CEO Toni Schuh. The company estimated its cash balance at the end of 2002 at about $100 M. (About $2.54/share) SQNM started on a small up-gap siliconinvestor.com It is finding some resistance at the Dec.26 H of $1.85.( It needs to close above the Dec.23-Dec.24 double top at $1.89) siliconinvestor.com I am planning on adding to my position on a close above its Agust 26 H of $2.93 for a test of its March H of $7.66 <g> Bernard

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