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Biotech / Medical : Biotech & Pharma.T.A,
BIB 83.68+0.1%Nov 28 4:00 PM EST

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To: Jibacoa who wrote (2049)2/27/2008 11:46:04 AM
From: Jibacoa  Read Replies (1) of 3722
 
MEDX is doing better after releasing its 4thQ results yesterday.

The stock is up 7.59% on volume of 1,405,615 > half its ADV

bigcharts.marketwatch.com

Revenues were significantly better at $20.5M vs. $11.3M. an improvement of 81%.The loss was cut some to $0.31/shr from $0/36/shr in 2006 But the EL for 2008 is higher, around $1.45/shr vs. the $1.20 loss in 2007

MEDX sold recently 2.5M shrs of Genmab for approximately $151.8M & still owns approximately 5.1% of Genmab.

The stock remains on a long term DT. Its March 2000 H was $103.<g>

bigcharts.marketwatch.com

Bernard
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