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

BIB 77.80

-3.5%

Dec 9 4:00 PM EST

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To: Jibacoa who wrote (731)	2/3/2005 12:06:46 PM
From: Jibacoa	Read Replies (2) of 3722

AFFX made another 52 wks. H on Tuesday at $43.25 but it may get to test support at the $37.50 level or close some of its JAN.27 Up-Gap (Gap= 36.39 to 38.20 ) bigcharts.marketwatch.com It announced yesterday an alliance with France's Institut Curie that will use its microarray technology to produce "genetic signatures" for different types of cancer, and then used them for diagnostic tests. They hope to "quickly translate cancer research into breakthrough tools for cancer treatment".<g> In spite of the "good news" the insiders reportedly have continued to sell the stock.<g> AFFX has been reporting better revenues and earnings, it has more than $3 in cash/share a Debt/Equity Ratio of less than 0.5 and has a + CF & FCF The long term chart continues to look GOOD. <G> bigcharts.marketwatch.com Bernard

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