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Biotech / Medical : Biotech & Pharma.T.A,
BIB 76.07+0.9%Nov 12 4:00 PM EST

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To: Jibacoa who wrote (1822)3/24/2008 5:16:28 PM
From: Jibacoa  Read Replies (1) of 3722
 
AVII has 4 Qs of triple digit improvements on revenues, which also have increased on a sequential basis, especially on the last Q, It also trimmed its loss on the 1st & 4thQ (the loss for the Yr was $0.45 vs. $0.54 in 2006)

The stock was up 11.89% on volume of 747,153 almost 2x its ADV, but it is not doing too well AHs.<g>

bigcharts.marketwatch.com

It announced today that it had closed on March 20, its previously announced merger with Ercole.AVII is issuing $7.4M in AVI stock in exchange for all outstanding shares of Ercole stock not already owned by AVI & it also has assumed responsibility for $1.5M in liabilities of Ercole.

Will see if AVII can close its Dec 12 DG.<g>

bigcharts.marketwatch.com

The intermediate term DT comes from its Feb 2006 H at $9.20 & its all time H was in Feb 200 at $27.25 <g>

bigcharts.marketwatch.com

Bernard

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