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

BIB 79.96

+3.0%

Nov 24 4:00 PM EST

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To: cavan who wrote (906)	4/9/2005 12:35:03 AM
From: Jibacoa	Read Replies (2) of 3722

Cavan, Re:GNBT The stock has been up for 5 days on a roll (It started April on the right foot.<g>) The stock is apparently responding to the news that it has filed a patent application with the US PTO for its oral/buccal metformin, for use on diabetic patients and its previous announcement that its subsidiary (Antigen Express) has started a PI to evaluate its vaccine on 16 to 24 breast cancer patients with positiveHer-2/neu The stock traded for a while in the early afternoon today above the resistance from its Feb.2 H at $0.77 but closed a penny below that level. The next resistance is the Jan.4 H at $0.98 before it can try to test the Oct.25 H at $1.04 or the Sep.15 H at $1.25, which is more important. The stock still remains on the down-trend coming from its June.04 H at 1.86 The nearest important support is now at the $0.70 level. bigcharts.marketwatch.com Bernard

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