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Biotech / Medical : Biotech & Pharma.T.A,
BIB 83.86+1.3%Dec 24 4:00 PM EST

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To: Jibacoa who wrote (2209)1/6/2010 3:35:17 PM
From: Jibacoa  Read Replies (2) of 3722
 
AFFX seems to have found support at the $6 level in spite of its recent "downgrades".<g>

bigcharts.marketwatch.com

In the 3rdQ it reported 4% better revenues and was able to trim some its loss. But for the YR it is still expected to have a loss around $0.48 vs. $0.33 in 2008 and fro 2010 the loss is still projected around $0.15

The stock still could close some of the DG of Oct22 above the $8 level. But at the $8 level I am looking to buy some AMRI in spite of its losses in the last 3Qs.<g>

AMRI is trading below BV and has +CF and the SR which has increased lately is around 11.2x its ADV.If the EE are correct it is supposed to report on the black next Yr. for a 460% improvement on the bottom line<g>

AFFX has a good size LTD, trades around 1.4xBV and has smaller +CF

Recently AFFX has been performing better lately.

finance.yahoo.com^ixic;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

But from a longer term view, AMRI has been more consistent.<g>

finance.yahoo.com^ixic;indicator=volume;charttype

Bernard
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