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

BIB 76.07

+0.9%

Nov 12 4:00 PM EST

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To: Findit who wrote (323)	2/28/2003 1:51:19 PM
From: Jibacoa	Read Replies (1) of 3722

FHRX Yes, it is still down more than 63% and volume is more than 33M. There are 35.4M shares out of which the insiders reportedly were holding more than 12M and the institutions 25M (more than 105% of the float.<g>)The short position was up to 3M at the last report (about 13% of the float.) The shares had already fallen close to 50% in the Instinet after hours when they announced yesterday that they expected their 1stQ results ranging from a loss of $0.03 to income of $0.02/share, not counting "reorganization costs" and the effect of any acquisitions.<g> Their gross margins still had remained above 80%.<g> The intra-day L today of 1.93 was lower than the October 25 L of 2.42 and the July 5 L of 3.34(that was the day when the stock dropped from the $20 level.<g>) Will see if the shares can close above the $2 level today. The stock has had since yesterday a few "downgrades" from the analysts.(Very timely as usual.<g>) siliconinvestor.com siliconinvestor.com Bernard

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