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Biotech / Medical : Biotech & Pharma.T.A, -- Ignore unavailable to you. Want to Upgrade?

To: Jibacoa who wrote (2)	8/26/2002 5:51:48 PM
From: Jibacoa	Read Replies (1) \| Respond to of 3722

SQNM Was up another 10.49% on volume of 109,062 As I mentioned on Saturday, it made a 56.7% gain from the Ls last week. The loss on June 30 was trimmed to $0.04 compared with the $0.39 on the second Q. The acquisition of Axiom Biotechnologies is expected to result in less than 5% dilution and to accelerate its internal biology, assay and drug discovery capabilities, by up to two years. They continue to sell their MassARRAY systems at an accelerated pace. They expect to launch a medium-throughput, medium-cost MassARRAY system in 2003, which should broaden the market reach to the larger market segment that does not require high-throughput capabilities. Their pharmaceutical unit has identified more than 400 high-impact candidate genes , of which at least 40 are high-confidence "multiple hits." They have concentrated their efforts on cancer, cardiovascular and metabolic diseases and a study focusing on breast cancer, is already underway. Message 17914958 On the 15 minutes chart SQNM has been on an UP-TREND since August 21. The data now stands at: 2.87; 2.80; 2.77 & 2.65 (At 3.30 PM today the stock dipped to 2.65 but rebounded from the L average line in the last 15 minutes of trading.) siliconinvestor.com On its daily chart SQNM is not yet on a frank UP-TREND as the L is still above the S & M.(The data now stands at: 2.87; 2.53; 2.32 & 2.82 ) siliconinvestor.com Bernard