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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: Galirayo who wrote (1091)	9/1/2005 2:02:40 PM
From: Jibacoa	Read Replies (1) of 3722

PTN is trying to test its resistance at 2.17. It needs to close above that in order to test the more important August 4-August 5 double top at the 2.24 level. It is up 9.79% today on low volume of 118,400.It will present at the Thomas Weisel Partners 2005 Healthcare Conference on Friday, September 9 in Boston. bigcharts.marketwatch.com PTN has a low LTD and the insiders that reportedly hold more than 5% did some buying in May. It has been reporting lower losses and better revenues in the last 3Qs compared to 2004, although not on a sequential basis.<g> ( The EL for 2005 is around $0.27/shr vs. $0.55/shr in 2004.) Bernard

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