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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Venditâ„¢ who wrote (6514)3/15/2005 7:13:37 AM
From: Walkingshadow  Read Replies (1) | Respond to of 8752
 
True enough. But this one has a chance to move further, because the market may decide to price in the likelihood that Avastin will also be found to be effective in breast cancer (currently in clinical trials) and possibly even other cancers.

It seems the general strategy might be applicable to a number of very lethal cancers, and if so, will get fast-tracked and could make a considerable impact in DNA revenues down the road because the potential market is expanding considerably.

So... that's why I want to try to hang on if the market moves this further.

Edit: there are at least 3 upgrades/upwards revisions of price targets for DNA so far today.

T



To: Venditâ„¢ who wrote (6514)3/15/2005 8:13:56 AM
From: Walkingshadow  Read Replies (1) | Respond to of 8752
 
DNA up over 30% more in premarket.

Might have legs.

Collateral play is ONXX, up big yesterday, but up only about 2% in premarket:

139.142.147.218

T