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Biotech / Medical : Biotech & Pharma.T.A,
BIB 74.98-1.9%4:00 PM EST

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To: Mike McFarland who wrote (1461)12/20/2005 11:04:13 AM
From: Jibacoa  Read Replies (1) of 3722
 
Where is the support for CRA?

It seems it is testing the Oct.12 L at 10.74 If that doesn't hold the June 27 L at 10.30 and the June 6 L at 10.05 aren't too far away.<g>

bigcharts.marketwatch.com

CRA started the new fiscal year cutting its loss by one cent/shr but the revenues were down to 2.1M vs. 9.6M (This was the 3rd Q of significantly lower revenues on a sequential basis .)Reportedly,it still has more than $8.90 in csh/shr.

As you said it there is a good probability that it may bounce up from the $10 level. That's the level from where it did bounce up before on June 1st.<g>

bigcharts.marketwatch.com

CRA's longer term chart remains interesting.<g>

bigcharts.marketwatch.com
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