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

BIB 79.78

0.0%

Dec 31 4:00 PM EST

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To: Henrik who wrote (606)	9/13/2004 11:57:55 PM
From: Jibacoa	of 3722

SPPI Had a good move today after their announcement on Friday, which was also mentioned today by Reuters and the Street.com.<g> biz.yahoo.com SPPI Has no significant LTD, about $1.80 in cash/share, there are about 14M shares out and the insiders which reportedly hold around 16% have done some buying in the last few months. The company has cut down its loss substantially over the last 4 years.<g>( In 2000 the loss was more than $104/share and for the next 3yrs. the loss/share was $34 $10 and $4.83 with the stock price dropping from its 2000 H of $675 to the $1.58 level in Nov.2002 ) For the first 2 Qs this year, the loss was cut from $0.58 to $0.24 in March and from $1,27 to $0.20 in the June Q. Will see if the stock will be able to test its January 26 H of 10.13 before year end.<g> bigcharts.marketwatch.com Bernard

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