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

BIB 83.86

+1.3%

Dec 24 4:00 PM EST

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To: Jibacoa who wrote (292)	2/14/2003 10:42:21 AM
From: Jibacoa	Read Replies (1) of 3722

CVAS The stock seems to have found support at the 1.35 level. Today it opened on a small up-gap on a volume of just 300 shares.<g> There have been no news since November, when it reported its last Q earnings.(New earnings report is due Feb.27) The shares have been selling at less than 0.5 book and about 0.56 of its $2.58 cash/share. There has been significant insiders's buys lately and institutions hold more than 60% of the float, albeit they had done some selling.<g> The analysts' one yr. "target" is around $4.50 (more than 300% from present levels) The stock needs to close above 1.55 before it can test its Jan.2 H of 1.64 and then the Dec.2 H at 1.75 siliconinvestor.com The R/R appears favorable at present levels even it the stock doesn't completely close its April 26,2002 down-gap.(When it dropped from the 6.10 level.) siliconinvestor.com Bernard

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