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Biotech / Medical : Biotech & Pharma.T.A,
BIB 77.80-3.5%Dec 9 4:00 PM EST

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To: Jibacoa who wrote (733)12/28/2005 12:59:55 PM
From: Jibacoa  Read Replies (1) of 3722
 
AFFX Is having a good upmove that started with an upgap after
announcing a four-year research collaboration between Perlegen and PFE.<g>

bigcharts.marketwatch.com

Researchers from both companies will conduct whole genome studies involving DNA samples from clinical trials. Perlegen will conduct the genotyping, of the DNA on the individual samples, using AFFX's GeneChip technology.

PFE will provide research payments to Perlegen and both companies will share in intellectual property rights resulting from the collaboration.

AFFX's has only closed part of its July 22 downgap.<g>

bigcharts.marketwatch.com

The stock needs to close above the Nov.23 H (52.44) in order to test the resistance at 60 and resume its previous uptrend.

bigcharts.marketwatch.com

Bernard
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