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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (12638)	10/10/2005 12:10:54 PM
From: Jibacoa	Read Replies (2) \| Respond to of 23958

Sergio: Re: ARGN As I mentioned on September 27, it needed to close above its April 2004 H of 6.52 and the H that day was 6.37 and the Hs on October 3 and October 4 were 6.30 & 6.29 and as you know, the general market didn't do well last week.<g> The stock seems to have support at the 4.70 level. bigcharts.marketwatch.com The insiders have been selling persistently for the past 6 months and the PE is still around 80 (more than 5x the SP) ARGN's PE range in the last 5 years has been 50-326 and if the projected earnings for 2006 of $0.24/shr are right, the forward PE would come down to around 21 <g> The question is wether those projected earning will hit the mark.<g> bigcharts.marketwatch.com