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Biotech / Medical : Biotech & Pharma.T.A,
BIB 75.48+1.4%4:00 PM EST

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To: Jibacoa who wrote (1175)7/1/2005 11:19:57 AM
From: Jibacoa  Read Replies (2) of 3722
 
NTII Seems to have support at the $3 level and is going over today through the resistance at the 3.40 level (from the Hs on June 20 to June 23) It has been up more than 4% today on moderate volume around 27Ks.

The revenues in the March Q were 67% lower and it had a loss of $0.13/shr vs. $0.05 on the black column in 2004, but the EL for 2005 is only around $0.18/shr in spite of $0.46/shr in the first 3 Qs.<g> Revenues on the June Q in 2004 were only 0.17M <g> The EL for 2006 is around $0.08/shr.

bigcharts.marketwatch.com

NTII's XERECEPT,for the treatment of peritumoral brain edema, is in PIII and its Viprinex for the treatment of acute ischemic stroke has completed its PII and NTII is planning to start a PIII later this year. The active ingredient,which is made from venom of the Malayan pit viper,will be prepared by a German company and BAX will make the pills.<g>

NTII reportedly has around $4.4M in cash and no significant LTD.

One of the insiders bought around 18Ks in May.<g>

Bernard
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