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Biotech / Medical : biotech fireworks

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To: nigel bates who wrote (2258)	1/5/2006 3:33:48 PM
From: Jibacoa	Read Replies (1) of 7424

CBMX Is up 16.78%. It announced yesterday that its CombiMatrix group launched a series of microarrays designed for microRNA analysis. The stock has already closed its Oct.26 upgap. bigcharts.marketwatch.com CBMX has had 2Qs of much better revenues, albeit the loss for the current year is still estimated around $0.45/shr.<g> Reportedly it has no significant LTD around $25M in cash and burning it at a $12M/yr. clip.<g> If the stock could get back to the $3 level it would be a 100% gain from present levels.<g> bigcharts.marketwatch.com Bernard

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