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

To: Biomaven who wrote (5585)	1/30/2002 11:38:06 AM
From: XenaLives	Respond to of 52153

Looking at the charts, accumulation says that is a good move, but you may have a chance to add even lower, they might beat up on it pretty badly. spiritsites.com I'm amazed at how many good stocks are approaching Sept. lows now. Am refinancing two properties and will have acess to some real capital in a week or two. Looks like the timing might be good.

To: Biomaven who wrote (5585)	1/30/2002 12:20:30 PM
From: Elmer	Respond to of 52153

I admire your stomach. David

To: Biomaven who wrote (5585)	1/30/2002 12:59:46 PM
From: tom pope	Read Replies (2) \| Respond to of 52153

Peter, I was aware of the accounting issues at ELN (because I read Greenberg at TSC), and I was aware of the INCR type deals (because, sadly, I own INCR) but I wasn't sufficiently aware of the revenue booking issues, and pushing profit/loss in the j.v.'s into interest expense/income. I came away from a reading of that article quite troubled by the apparent attempts to mislead.

To: Biomaven who wrote (5585)	1/30/2002 11:04:39 PM
From: Robohogs	Respond to of 52153

Nice trade. Jon

To: Biomaven who wrote (5585)	1/31/2002 1:19:06 AM
From: Sam Citron	Read Replies (2) \| Respond to of 52153

Peter, I know that you do not subscribe to technical analysis [TA] of the stock market, but I will advise you FWIW that ELN completed a "key reversal day" today, which means that on exceptionally high volume it hit an intraday 52 week low, and then closed at or very near the high of the day, with exceptional daily range from the high to the low. Key reversals do not occur often, but they are one of the most reliable forecasters of outstanding short-term performance. BTW, another stock that completed a key reversal today was Tyco. If you equate TA with voodoo, please consider the possibility that the stock market is a semi-efficient digester of known information and that simple price/volume patterns frequently occur and reoccur at turning points in investor sentiment. I have found simple pattern recognition to be a significant time-saver when research time is finite. You might believe that TA may be subject to self-fulfilling prophesy. If so, I would not deny it. <g> In any case, I am hoping that you might be open-minded enough to consider the ELN and TYC key reversals today as a simple case study or experiment in the potential predictive power of TA. I would suggest that if each does not advance at least 20% in price from today's close over the course of the next 2 months, then your skeptical view of TA is warranted. If, however, they do accomplish such an advance within the stated time period, I hope you will give TA another look. Sam