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

BIB 77.61

+3.5%

Nov 21 4:00 PM EST

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To: Jibacoa who wrote (239)	1/23/2003 1:35:54 PM
From: Jibacoa	Read Replies (1) of 3722

SGEN Is up more than 10% (Has been up as much as 13.5%<g>) but volume remains low at less than 1/3 its daily average. The insiders hold around 70% of the shares and institutions that hold more than 110% of the float have done significant buying lately.<g> SGEN has around $1 in cash/share and a current ratio above 9 with no significant LTD. The float is less than 10M In December coverage was initiated by SCO Group with a "buy" rating.<g> The stock seems to have found support at the 2.50 level siliconinvestor.com If it can get to test its June 2000 H at 5.56 it would be a good % gain from present levels, but it still needs to close above 4.<g> siliconinvestor.com Bernard

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