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Biotech / Medical : Biotech & Pharma.T.A,

BIB 79.78

0.0%

Dec 31 4:00 PM EST

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To: Jibacoa who wrote (1750)	6/18/2007 11:35:08 PM
From: Jibacoa	Read Replies (2) of 3722

MGRM was up only $0.05 during regular trading in spite of its volume expanding to 2x its daily average. But it added another $0.06 in AHs trading with some help from news that the California Medicaid program had expanded its coverage of HIV resistance testing. It seems that with some further news it may be able to test the $2 level.(It did almost test its May 31 H of $1.92 AHs.<g>) bigcharts.marketwatch.com In order to get off from the DT coming from its Jan 2004 at $4.40, it needs to close above the resistance at the $2.60-$2.70 level from its Apr07 & Oct06 Hs. bigcharts.marketwatch.com In spite of the $10M of revolving credit from MER in Oct., it seems that MGRM will need further financing since it carries a large LTD & still has ELs for 2007 & 2008. On a close above its Jan04 H it seems that the stock has some room to run.<g> bigcharts.marketwatch.com Bernard

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