Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : BIOTECH & TECHNOLOGY INVESTING *UNDERVALUED*{T/A F/A & V} -- Ignore unavailable to you. Want to Upgrade?

To: tuck who wrote (373)	1/12/2003 7:46:02 PM
From: Mike	Read Replies (1) \| Respond to of 423

Looking to get some discussion going on this biotech that has great promise. The best thing is that it has an FDA approved product that may double in sales in '03. The company is MDCO-The Medicine Company. The product they have is called Angiomax. First, I would like to try to revive the MDCO board here. MDCO has delivered and has hit a homerun in 2002. It completed and presented results on the Angiomax product just last month. All primary and secondary endpoints of the trial were met. Sales for '02 ended with a high note. Earnings for Q4 '02 will released in early Feb. Sales for '02 will be in the $38M range. From the sources that I have in the field it has been estimated that November '02 were a record of approx $4M. The sales for Dec '02 were in the range of $5M. Projections have been made for '03 during the conference listed below. mapdigital.com. During this conference the company stated that sales for '03 would be in the $70-$90M range. This could be over a 100% increase!!! I think that this company is a "diamond in the rough". It is followed by very few analyst and needs more exposure. I think longs will be rewarded handsomely if the company executes. Take a look and let us know what you think. Thanks in advance, Mike

To: tuck who wrote (373)	1/12/2003 11:01:19 PM
From: EVENT HORIZON III	Read Replies (1) \| Respond to of 423

Hi Tuck, Technically the Market looks very ripe. I've been GC'ing a home project over the last several months & allowing the market to breath. Just scanning the sector technically at this point & trading the support & resistance. I'm going to set up a portfolio at this thread whereby I describe entries & exits based on technicals. Anyone is welcome to suggest fundamental rational for a stocks performance from a technical perspective at & beyond anticipated support & resistance levels. Thus coupleing technicals & fundamentals. On ARDM...Looks like someone knows how things are playing out there. The stock gets sold off quickly after any accumulation/rally. My concern is the trend. Right now the low is about to be tested. The Dec selloff was likely tax related. The minime rally in Jan was sold off on low volume minus the one day. Which may have been mild panic selling. Right now I could envision ARDM rising on low volume { assuming a January effect } & trending up to say $2.50 minus War in late Jan/Feb. The resistance at that point would suggest a re-evaluation at $2.50. The question is when where & why does it trend from there. On RIGL... Curious. Technicals are a No No... What do fundamentals tell you at RIGL? What was going on at RIGL in May through July of 2002? On AFFX... Trending up... Agreed tight traders trend suggests the need to be selective & patient there & play the gaps. No need to rush it. Resistance at $30 suggests a pull back to $20 could occur just through apathy & interest in other performance plays. We likely are not alone in our thinking on AFFX. Lets hold off on AFFX for now & place it on a technical watch list. Tuck...Walter Lippman understood mass media & it's influence on public opinion exceptionally well. The investment media wants a mini rally & wants to believe "no war" signals. The government wants to quietly send troops & signals "no war" yet it lies to troops about expectations on destinations. There is no happy median. The war must be concise quick & successful. As to when? Will Saddam fall from power quickly...Absolutely. Will their be any successful terrorist strikes. Small ones maybe. Larger order unlikely/hopefully. Hence market risk should be relatively low. But best to keep half the cannons loaded with cash at this point. A relief rally should commence once Saddam falls from grace. War is a Given IMO. Here is the Watch List & the Portfolio for the thread. Keep in mind this is a trader/investor thread & long positions are not the norm. Trades are made based on Technicals for percentage gains. A Reposition may be warranted/justified should a gap hold & suggest a continuation of a trend. TA-FA-VA Watch List siliconinvestor.com AFFX S=$20 TA/FA/VA Integrated Portfolio siliconinvestor.com MDCO R=$20 ARDM R=$2 R2=$2.5 & R3=$3 S=Support {Potential entry point on a watch list... } Potential entry point on a watch list... } R=Resistance { Potential sell point from the Integrated portfolio } A stock once traded will return to the Watch list for further evaluation & treated appropriately. Long positions are justified in instances when a trend is apparent w/o any significant benefit to short term trading tactics. The market is choppy & this is the exception & not the norm. This message was dedicated to the mechanics the true flavor of investing is the driving force...the fundamental expectations & Events on the Horizon. May the mind meld prove enlightening. Enjoy Jeff