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Biotech / Medical : MDCO: Medicines Company
MDCO 84.900.0%Jan 6 4:00 PM EST

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To: Rich1 who wrote (42)2/13/2003 7:32:01 AM
From: Mike  Read Replies (1) of 125
 
MDCO is currently under accumulation. On the days that we have up days volume is over 1M. On the down days we have only average daily volume of 450K. I am not good at technical analysis but this is a good sign.

The Replace II results should be published in JAMA next week. For the ones that are new to MDCO Replace II was the trial that looked at the Angiomax. This was a huge trial.
Below is some info on that trial.

The Medicines Company's REPLACE-2 Clinical Trial Meets Primary and Secondary Endpoints for Angiomax -bivalirudin

biz.yahoo.com

Remember too that they announced earnings recently. They confirmed guidance for next year. That guidance is for sales in the $70M-$90M range and loss of approx $20M. I think this loss is based on sales of $70M and they will breakeven on sales of $90M.

The Medicines Company Reports Fourth Quarter and Full Year 2002 Financial Results
Tuesday February 11, 4:27 pm ET
-- 2002 revenues up 169% compared to 2001

biz.yahoo.com

Good investing all,
Mike
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