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


To: Jibacoa who wrote (254)1/30/2003 3:44:29 PM
From: Jibacoa  Read Replies (2) | Respond to of 3722
 
BPUR Is up more than 11% on volume of 379.65K (more than 3x its daily average.)

That is in spite of the fact that its auditors (Ernst & Young) raised the question of it being a "going concern" in view of its dire cash situation.

But BPUR has announced that it has restructured the company to improve organizational efficiency and facilitate its transition "from research and development to a fully commercialized, global pharmaceutical manufacturing company."<g>

siliconinvestor.com

If BPUR can close above its Jan.28 H of 2.75 it is still facing a good deal of resistance at the 3.00 and 3.25 levels before it can test its long term average, presenttly at 3.75 <g>

siliconinvestor.com

Bernard