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Biotech / Medical : Biotech & Pharma.T.A,
BIB 82.74-1.3%Dec 26 4:00 PM EST

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To: Jibacoa who wrote (363)8/28/2003 11:44:04 AM
From: Jibacoa  Read Replies (1) of 3722
 
AVII Is trying to close above its initial resistance at the 5.10 level.

It needs to close above that in order to test the more important resistance from the 5.70 to th 6.25 level.<g>

It is been helped today by the comments yesterday of Dr.Benjamin, a "Biotechnology Analyst" at Rodman and Renshaw, in an interview by the Wall Street Trancript.

Among his comments: "AVI BioPharma is an antisense play. They have data coming up in the second half that not only address large unmet needs in cardiovascular disease, but also in infectious diseases such as West Nile Virus and Severe Acute Respiratory Syndrome (SARS)".

biz.yahoo.com

Although AVII's revenues are down, they were able to cut their loss by 62% in the last 6 months, they have close to $1 in cash/share and there is a short position about 11% of the float.

siliconinvestor.com

siliconinvestor.com

The increase in OBV since April can bee seen best on the longer term chart.

siliconinvestor.com

Bernard
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