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

BIB 77.21

-1.5%

Dec 18 4:00 PM EST

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To: Steve Lokness who wrote (1900)	2/8/2008 12:07:08 PM
From: Jibacoa	Read Replies (1) of 3722

LMNX opened with an UG & was up 14.62% at its intraday H. It still is up 9.49% on volume of 483,578 which is close to 2x its ADV. bigcharts.marketwatch.com It announced today that it will host Planet xMAP USA 2008, the annual North American multiplexing technology symposium, on March 3-5, in Boston. This 5th annual symposium will bring together scientists working on its xMAP technology platform. The keynote presentations will be from Dr. Kathi Kellar of the CDC & microRNA pioneer Dr. Carlo Croce from Ohio State Univ. LMNX traded for a while above its Jan 24 H of $18.45 It has 4Qs of double digit improvements on revenues & the EE for 2008 are around $0.10/shr vs the loss of $0.08/shr in 2007. For 2009 a further improvement to $0.30/shr is expected. On Jan 3 it announced that it had received 510(k) clearance from the FDA for its xTAG Respiratory Viral Panel, which can simultaneously detect 12 viruses and viral subtypes responsible for more than 85% of respiratory viral infections. LMNX doesn't have significant LTD, it trads around 11xBV; has +CF; the sort ratio went up about 3% in the last month & still is around 16x its ADV. It seems that on a close above $20 the momentum could take it to test the resistance at the $30 level.<g> bigcharts.marketwatch.com Bernard

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