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

BIB 77.80

-3.5%

Dec 9 4:00 PM EST

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To: Michael Young who wrote (2373)	9/5/2008 1:46:10 PM
From: Jibacoa	of 3722

Michael, SQNM has 4 Qs of better revenues, but its losses have been higher in the last 2Qs. The loss for 2008 is expected around $34 to $36M ($0.56 to $0.59/shr) which would be < the $0.64/shr in 2007, but Thomson's estimated loss for 2008 is around $0.73/shr.<g> The stock is holding well this week in spite of the general market, with the help of the conferences in Boston & NY this week & the expected ones later this month. biz.yahoo.com There were some positive comments on CNBC today with some one giving it a 'target' of $34.<g> The resistance is at $25. Yesterday's H was $24.61, but the stock closed down $0.39 for the day, in spite of the conference, due to the pressure from the general market. bigcharts.marketwatch.com It seems the prospects from the prenatal tests, especially for Down's syndrome are good.It has a moderate LTD, trades around 23xBV; the short interest which came up 20% in the last month is around 3.5x its DAV. The stock is trading at a 5 yrs H. The Jan 2002 H was $32.76 & the Dec 2001 H was $34.32, which is around the 'target' someone was giving on TV today.<g> bigcharts.marketwatch.com However, I don't expect that I will live long enough to see it trading at its Oct2000 H of 136.51 (The March2000 H as you probably recall was 573.81 <g>) bigcharts.marketwatch.com I haven't checked with any of my 'gurus' lately on the stock.With Scripps & Max Planck in Palm Beach County; Torrey Pines in St. Lucie County & Burnham Institute in Orlando, I am expecting that some of them will be in FL next Yr, & will be able to have a closer contact.<g> morgan-florida.org mpg.de RAGL Bernard

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