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


To: Jibacoa who wrote (170)1/6/2003 2:32:11 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
DYAX Is down more than 12.83% on volume of 20,350 (about 0.63 of its daily average)

Will see if it can get some bounce back tomorrow, when it is scheduled to discuss its "Antibody Strategy" at 10:00 AM ET.

DYAX announced an "expanded agreement" with Cambridge Antibody Tech. under which CAT is granting DYAX worldwide licenses for research under all the antibody phage display patents controlled by CAT and DYAX diagnostic antibody products under CAT's patents.

siliconinvestor.com

DYAX has some support at the 1.35 to 1.50 level and has to close above its Dec. 11 H of 2.23 before it can test the Nov.25 H at 2.69 (It has plenty of resistance at the 4.30 to 4.50 level from its May to July Hs.<g>)

siliconinvestor.com

The January H at 11.10 is too far at present and the October 2001 H at 54.28 is out of sight.<g>

siliconinvestor.com

The stock has been selling close to book, around 0.94 of sales and insiders and institutions reportedly have been buying lately.<g>

Bernard