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

To: tuck who wrote (1004)	6/8/2005 11:45:40 PM
From: Jibacoa	Read Replies (2) \| Respond to of 3722

Tuck, Re:CIPH As you said it has closed its Apr.5 down-gap and today also closed its June 1 small up-gap. It seems to have good support at the 1.85 to 1.90 level. There has been reports of significant insiders pick up of stock in the last few months. The stock was down 10.43% today, but it was trading up AHs. On Monday the stock failed to trade above the June 2 H in spite of the positive announcements at the annual meeting of the ASMS biz.yahoo.com The Price dipped today below the Short and Medium average lines, but it is still holding above the Long average line, so it hasn't completely broken its recent uptrend coming from the May 3 L at 1.39<g> The PSML data at present: 2.06 2.21 2.07 and 2.04 bigcharts.marketwatch.com As you know, the April 5 down-gap was when they cut their revenue guidance for the 1st Q, the results of which came at the higher range of their guidance but about 50% below the 2004 results and down 33.66% on a sequential basis. The loss was also larger sequentially and compared to 2004. Bottom line: I agree with your "reasonable target".Will see if it dips down there.<g> RAGL Bernard