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


To: Jibacoa who wrote (3243)3/30/2001 11:11:15 AM
From: Jibacoa  Read Replies (1) | Respond to of 52153
 
Well, the market started on the plus side, but is already going into negative territory again.<g>

There are some stocks showing reaction to news even though there is not going to be any material effect to the companies for some time.(Nothing like last year when news were triggering rocket like runs. I remember ARIA going from 10 to 40 in a few days,after reporting their results in mice.)

Today TGEN reported some results of their HIV vaccine in monkeys:

biz.yahoo.com

And the stock has showed some positive reaction to the news:

siliconinvestor.com

Of course that hasn't affected the down-trend, and don't expect to see a similar "run",like last year's from 5 to the high twenties, since those were other times.<g>

siliconinvestor.com

Bernard