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

BIB 76.73

+1.7%

4:00 PM EST

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To: Jibacoa who wrote (455)	12/22/2003 3:42:59 PM
From: Jibacoa	Read Replies (1) of 3722

CRGN Is up a modest 5.45% as it moves above Friday's H and seems that it will close above its June 9 H of 7.04 <g> (On Friday it traded above that level, but closed at 6.97) bigcharts.marketwatch.com CRGN should be making a 52 wks.H today and seems ready to test its May 2000 H at 8.45 <g> It announced last week that Nature published a methodology, it developed in collaboration with a former CRGN scientist, now at Johns Hopkins, that can be used to prioritize promising drug targets. biz.yahoo.com From a longer term perspective, it seems that CRGN still has plenty of room to run.<g> bigcharts.marketwatch.com In spite of the big drop in revenues the loss for the Sep.Q was $0.35/shr vs. $0.41/shr and the current yr, loss is estimated at $1.54/shr vs. $1.85/shr in 2002, albeit for 2004 the estimated loss is $1.71 <g> The company announced in June that it was cutting about 20% of its work force. It supposedly has about $7 in cash/share.<g> Bernard

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