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Strategies & Market Trends : YEEHAW CANDIDATES

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To: Sergio H who wrote (5899)	11/17/2004 12:02:07 PM
From: Jibacoa	Read Replies (1) of 23958

Sergio, PGLAF is in the group I like.<g> It has no significant LTD The revenues in the last 4 Qs add to 6.6M vs. 2.78 on previous year and the loss in the last 2 Qs has been less than half (0.02/share vs. 0.05) It has support at the 3.50 level and on a close above its Nov.4 H of 4.10 it seems it should be able to test the Oct.12 H at 5.14 (BTW the up-gap of that day has already been closed and that is one less thing to worry about.<g>) bigcharts.marketwatch.com It reportedly had $14.3M at the end of the yr. and a cash burn of $5.3M The question is now what results they get on the new PIIs on their PI-88 Another thing to keep in mind is that Australia is on a different time zone and the 3rd Q for the current year (March) has not been reported as yet.<g> At any rate, I want to see it closing above 4.10 and would add more on a close above 4.25 And of course, in that category of Biochems with potential drugs against Ca., I am still long on INGN and watching to see if it can close above 6.75 in order for it to test the Aug.27 H at 7.10 <G> bigcharts.marketwatch.com RAGL Bernard

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