Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: IRWIN JAMES FRANKEL who wrote (22)	2/3/2001 8:26:19 PM
From: Jibacoa	Respond to of 544

IJ: ABGX: Remains on a down-trend coming down from the 93 level(That was the intra-day Hs on Oct.25, Nov.3, Nov.6, Nov.7& Nov.8). The attempt to rally on Nov.15 & 16 from the L of Nov.14 at 62.56 went only back to 76.18(short of the resistance at the 81 level). The other attempt to rally from the Nov.L of 43.87 went to an intra-day H of 74.50 on Dec.11 (That again remained below the 76.18 H of Nov.16) The last rally attempt from the L of Jan.8 at 30.50 went back to the intra-day H of Jan.24 at 52 (that brought if back to the down trend line and was below the resistance at the 57-58 level from the Ls of Dec.26,26, 27,28 &29) The down-drift has persisted from the Jan.25 intra-day H of 51.25 to the Close at 38.93 yesterday. Although it closed Friday near the day's L, it may find support at this level, which was also the L of Jan.17,18 & 19. If that doesn't hold then it will probably test the next support at the intra-day & close of Jan.8 (30.50 to 34.93) It has to close above the 65 level in order to "break" the downtrend form the Oct-Nov. Hs. Of course all of the above is IMHO and I could be quite wrong. If I have time during the week-end I will look at some of the others in the list. RAGL Bernard

To: IRWIN JAMES FRANKEL who wrote (22)	2/5/2001 12:15:36 PM
From: Robert Rose	Read Replies (1) \| Respond to of 544

Paula, let us know if this post is inappropriate. It seems that many of us agree that ta is just one part of the puzzle.... I find it hard to find threads that put all pieces of the puzzle into proper context for individual stocks. Hence this post..... ij, the problem I have with abgx as a buy now is that it is still EXTRAORDINARILY expensive by any historical measure. A p/s of 120 on a stock with serious (if declining) losses on revenues that are now only doubling?? I have not noticed that kind of p/s since the bubble days of 3/00..... In this market environment, investing in a stock still so relatively overpriced is a recipe for underperformance at best and financial suicide at worst. jmo, Rob ps. I happen to love the company, its products/services, and its prospects.