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


To: Jibacoa who wrote (596)7/29/2004 2:25:51 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
FHRX Is also up 15% after it reported its 2ndQ earnings, which were more than 180% better than on the 2ndQ of 2003($0.15 vs.a loss of $0.18)and revenues were up more than 70% (36M vs. 21M)

The EE for 2004 are around $$0.57 vs, loss of $0.16 in 2003 and EE for 2005 are around $0.70

FHRX still has around $150M of LTD, but has now a positive cash flow and has announced a share repurchase program, of up to $20M over the next 12 months (about $5M/Q.<g>)

The insiders reportedly hold more than 25% and institutions close to 80% of the float. The short ratio had been recently around 10% of the float.<g>

bigcharts.marketwatch.com

Bernard