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

BIB 77.21

-1.5%

4:00 PM EST

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To: Jibacoa who wrote (2125)	2/21/2008 2:07:31 PM
From: Jibacoa	Read Replies (1) of 3722

SQNM Tried to get above the $8 level, but was brought down again by the general market.<g> bigcharts.marketwatch.com The shares rose early today after SQNM sid it expects a strong rise in 2008 revenue & announced plans to launch a genetic test product.It said yesterday that it expects a loss for 2008 between $30M to $33M vs. the loss of $20.9M in 2007. It projected 2008 revenue of $53M to $56M, which would be a 30% to 37% improvement from 2007.It also expects gross margin to improve & expects to launch its noninvasive genetic test for Down syndrome in the first half of 2009. The "analysts" have a target around $13 to $15 for SQNM. I will wait to see if the stock can find support at the $7.25 level.<g> bigcharts.marketwatch.com Bernard

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