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Strategies & Market Trends : Quarter to Quarter Aggressive Growth Stocks

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To: Jack Hartmann who wrote (5053)3/10/2004 10:37:08 AM
From: Jack Hartmann   of 6930
 
Added RGEN at 3.30.

Good move up lately.

3 Insider buys, no sells.

WALTHAM, Mass., Feb. 11 /PRNewswire-FirstCall/-- Repligen Corporation (Nasdaq: RGEN - News) today reported results for the third quarter of fiscal year 2004 ended December 31, 2003. Total revenue for the quarter was $1,321,000 compared to total revenue of $2,417,000 for the third quarter of fiscal year 2003. Gross profit for the quarter was $539,000, or 41% of revenue compared to $1,276,000, or 53% of revenue for the third quarter of fiscal year 2003. Operating expenses for the third quarter of fiscal year 2004 were $2,766,000 compared to $2,182,000, for the third quarter in fiscal year 2003. The net loss for the third quarter of fiscal year 2004 was $2,127,000 or $.07 per share, compared to a net loss of $766,000 or $.03 per share for the third quarter of fiscal year 2003. Cash and investments as of December 31, 2003 were $25,659,000.

Summary: Nonprofitable, but insiders buys make this biotech an interesting stock.
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