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


To: Jibacoa who wrote (1129)6/21/2005 12:43:00 PM
From: Jibacoa  Respond to of 3722
 
LEXG Is trying to get over the resistance at the $5 level. It has to do that before it can test its May 24 H at 5.20 <g>

The stock has shown support at the 4.25 level and started on a nearterm uptrend on June 15 from the 4.35 level.

The March Q results were better compared to previous year with revenues up 18% to 13.9M and the loss $0.21/shr vs. $0.25/shr but the EL for 2005 is a little more than in 2004 at $0.78/shr and for 2006 the EL is around $0.88/shr.

LEXG announced today a collaboration with XOMA to develop antibody drugs for targets discovered by LEXG.

bigcharts.marketwatch.com

The longer term chart on LEXG remains interesting.<g>

bigcharts.marketwatch.com

Bernard