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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?


To: Rocket Red who wrote (9240)9/4/2002 9:07:42 AM
From: Chuca Marsh  Respond to of 11802
 
MOMO heads up Globe & Mail on COM as #2 maybe #1 today? :
Cardiome Pharma Corp (2) - In the News
Globe says Cardiome Pharma has got the winning beat
Cardiome Pharma Corp (2) COM
Shares issued 28,308,098 Sep 3 2002 close $ 1.76
Wednesday September 4 2002 In the News
The Globe and Mail reports in its Wednesday, Sept. 4, edition that Cardiome Pharma jumped 26 per cent or 36 cents to $1.76 on the Toronto Stock Exchange Tuesday after the drug developer told a medical conference in Germany its experimental heart drug met all objectives in phase II tests. The Globe's Leonard Zehr writes that Cardiome reported, in a study with 56 patients suffering from atrial fibrillation, or rapid and irregular heartbeats, 61 per cent of those receiving a high dose of the RSD-1235 drug achieved normal heart rhythm during a 30-minute observation period, compared with 5 per cent in the placebo group. After 24 hours, 100 per cent of successful high-dose patients remained in normal heart rhythm without any serious side effects. Atrial fibrillation is a leading cause of stroke and heart disease. "The point is they can convert arrhythmia in very short order with a high dose of the drug," says Raymond James analyst Brian Bapty. "These results propel the product into the status of a late-stage compound with a potential large market opportunity." Mr. Bapty rates Cardiome "outperform," with a six-month to 12-month price target of $3.30.
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www.csw.com
Chucka Methinks any #1 needs a $3.30 med, as COM- anyways. In an UNDER $3. contest LOL That would be a special award if anystock pick here reaches the next OVER $3 level GROUP CONTEST LOL in one 5 day interval?