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Biotech / Medical : Biotech Valuation -- Ignore unavailable to you. Want to Upgrade?

To: Biomaven who wrote (2704)	1/26/2001 9:58:41 PM
From: Jibacoa	Read Replies (1) \| Respond to of 52153

PETER: ARNA: I didn't trade on it last year, but I bought some on Jan.16 when it gave me a buy signal at 15 1/2 on the 60 min. chart and I looked at its fundies which didn't look bad to me. VICL: It gave a buy signal on the 60 min.chart on Jan.23 at 10.30AM at the 18 3.8 level.It seems to have good support at the 17 level going back to last year. As you may recall it had a double top in February at the 73 1/2 level and a fast breakdown in March and April down to the 13 L in the 3rd week of April, but since then, as I mentioned it has shown support at the 16 to 17 level. It reportedly has $7.50 cash/share and a modest float of 17.6 million.The next earnings report is due by Feb.12. For the trailing 12 months they are on the red by $0.30 which doesn't seem bad considering their cash position. The next resistance is at the Jan.24 H of 19 13/16.I bought some yesterday at 18 and am considering adding to that position, but somewhat leery concerning their next earnings report. I may wait until it is able to close at 20 before buying more. Do you have any opinion on VICL ? Bernard