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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 (434)12/7/2003 10:21:43 PM
From: Jibacoa  Read Replies (1) of 3722
 
LSCP Has had a good run since its UPTREND started on April 23 from the 4.20 level.<g>

The stock was up more than 400% at its H of 18.15 on December 2.

On Friday in spite of the general market, it showed some signs that it wants to retest its December 2 Hs.<g>

The nearest support is now at 15.90 and resistance at 16.50

The revenues for the September Q were up around 35% and earnings were $0.03 vs $0.01 For the December Q the company is expecting to report $0.05 vs. $0.01 and then to more than double its earnings the following year.

In spite of its already good gains this year, it seems worthwhile to keep an eye on LSCP as long as it can hold the 15.90 level.

With the caveat that the stock hasn't closed its November 24 upgap.<g>

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Bernard
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