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Biotech / Medical : Biotech & Pharma.T.A,

BIB 69.53

-1.0%

Nov 7 4:00 PM EST

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To: Jibacoa who wrote (193)	1/14/2003 3:01:45 PM
From: JMarcus	Read Replies (1) of 3722

Re CRDM, I was starting to sweat whether we'd make it past the $1.30 barrier. We kept seeming to stall there and bounce back. Finally, we've broken through. Last I saw CRDM was trading at $1.38 with an intra-day high of $1.40 (matching the intra-day high for July 10, 2002). Resistance from last July would be mostly in the $1.45 - $1.50 range. Volume isn't a match for last Friday's 534,600 shares, but we're already at the second best daily volume since January 3d's 200,700 shares -- a figure we should easily beat before the closing bell. With more than an hour before the closing bell, volume is at 199,500 shares, almost double the daily average of 104,318. Marc

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