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

BIB 79.76

-2.1%

Dec 30 4:00 PM EST

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To: Henrik who wrote (609)	10/14/2004 1:45:29 PM
From: Jibacoa	Read Replies (1) of 3722

Henrik: Re; PGLAF The stock has continued on a strong Up-trend since we discussed it back in August. The Oct.12 H of 5.14 which was made on good volume of 162,995 was well above the Feb.2000 H of 4.81 The stock seems now ready to close the Oct.12 Up-gap and test support at the 4 to 4.15 level. bigcharts.marketwatch.com On a close above 5.14 it seems it should be able to retest its May 1999 H at 7.22 bigcharts.marketwatch.com The revenues in the last 4 Qs until March,were much better compared to previous year (inspite of not showing sequential improvement <g>) and the loss for the last 2Qs (since the end of the 2003 fiscal Yr.)were cut by more than half, but "the lower loss was offset by the absence of A$2.1 million charges related to carrying value of long term investment." <g> "For the fiscal year ended 6/30/04, revenues fell 24% to A$6.2 million. Revenues reflect lower product sales." RAGL Bernard

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