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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: Prophet who wrote (10320)7/31/2002 2:57:24 PM
From: Dave Gore  Respond to of 16631
 
DRUG PLAYS ----- Big news today could spark IVX; also KG, ADVP. Congress defeats senior drug bill. Watch the drugs in the days ahead! One of the few beaten down areas, along with the BTK (which has put in a higher low) that might be a good play for "long" plays.

****

BARRONS LIKES IVX / EARNINGS NEWS(really good for a stock down from $35 or 65% from 52 week high)--

Jul 26 2002
6:49 AM In Play Ivax Corp beats by $0.02 on light revs (IVX) 11.00: Posts Q2 net of $0.16 a share, $0.02 better than the Multex consensus, vs yr-ago EPS of $0.33. Revs slid 7% to $280.4 mln (consensus $292.85 mln).
Jul 7 2002

9:28 PM In Play Ivax gets bullish article in Barron's (IVX) 10.70: Barron's discusses the problems that have hit IVX in the past year, but argues that if just a couple of its 35 applications for generics come through, the stock could recover.