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Biotech / Medical : Biotech & Pharma.T.A,
BIB 76.07+0.9%Nov 12 4:00 PM EST

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To: Jibacoa who wrote (1469)12/23/2005 3:12:46 PM
From: Jibacoa  Read Replies (2) of 3722
 
EXAS Is having a good upmove today. Apparently after a comment from Tin Beyers at the Motley Fool pointing out that EXAS has a gross margin of 95.4% and mentioning that its DNA-based test, PreGen-Plus, screens for colorectal Ca., and LH has a deal with it to help bringing the tests to patients.

He also pointed out that EXAS' enterprise value is around $13M, with most of it in cash. He estimated that the ongoing operations are trading for just 25% of the market cap.

He mentioned that EXAS is dependent on LH as its distribution partner and that PreGen-Plus is still having to earn converts among physicians, which he considers big risks, but he thinks that Exact "is cheap right now".

EXAS reportedly has around $1.40 in cash/shr and no significant LTD. The insiders hold more than 15% of the stock.

The stock traded at 10.30AM at the Sept.23 H of 2.40 Intraday support is now at 2.18 and resistance at 2.28 The stock is still up more than 11% and volume is over 530Ks

bigcharts.marketwatch.com

Bernard
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