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Biotech / Medical : Biotech & Pharma.T.A,
BIB 75.48+1.4%Nov 14 4:00 PM EST

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To: Jibacoa who wrote (273)2/10/2003 12:41:18 PM
From: Jibacoa  Read Replies (2) of 3722
 
IMCL Is up 10.44% on volume of 1,733,782, already ahead of its daily average.

The stock was raised today to "buy" from "market perform" by Thomas Weisel.

And last week it said it will make Erbitux available to "terminally ill" colon Ca. patients under the FDA's "compassionate use program".

It has not shown any tendency to close Friday's up-gap.<g>

siliconinvestor.com

The stock at 10.37 is trading above Friday's H of 10.15 but it needs to close above its January 14 H of 12.20 before it can test its heavy resistance from November in the 15.40 to 15.50 area (Of course that would be a good % gain from present levels.<g>)

siliconinvestor.com

From a longer term perspective the R/R seems favorable. (Perhaps it is time for Martha to buy back.<g>)

siliconinvestor.com

Bernard
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