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

BIB 75.48

+1.4%

Nov 14 4:00 PM EST

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To: cavan who wrote (808)	2/14/2005 11:18:08 AM
From: Jibacoa	Read Replies (4) of 3722

Re: NERX The stock has been on a nearterm uptrend since Feb.3 when it started moving from the 2.11 level. Its nearest resistance is now the Feb.8 H at 2.38 and then Jan.12 H at 2.50 before it can test the Dec.6 H at 2.80.(As you may recall, Dec.6 was the day it had an up-gap on volume of 975,898 which was the highest volume in more than a year.<g>)(Dec.6 was when it presented the results on patients with MM.) The stock seems to have found support at the $2 level (The Ls on Jan.26 & Jan.27) bigcharts.marketwatch.com The results of its PI on metastatic breast Ca were impressive in view of the fact that 2 of the six patients "remain alive, without progression of their disease up to six years" after treatment and in the other 4 patients (which had an overall time to disease progression of 10 months) the relapse occurred in tissues outside the bone. The results of its PI/II on MM were also impressive, since of the 10 patients treated the 4yrs. survival rate was 70% and the complete response rate was 40%.(Two patients were still alive 6 yrs. post-treatment.) The Debt/Equity Ratio reportedly is around 0.17 The revenues have continued to drop after the 10M infusion from BSX in 2003 an loss has increased with the expenses of current clinical trials. It seems it has enough cash to complete its PIII on multiple myeloma. Bernard

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