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


To: Mike McFarland who wrote (1461)12/20/2005 10:46:05 AM
From: Jibacoa  Respond to of 3722
 
MEMY Is moving up after some news:

biz.yahoo.com

Probably is better to wait for today's upgap to close.<g>

bigcharts.marketwatch.com

The stock has plenty of resistance above the $3 level:

bigcharts.marketwatch.com

But it has formed a pretty good base at the $2 level.<g>

bigcharts.marketwatch.com

The "analysts" consensus target is around $6

finance.yahoo.com

MEMY reportedly has around $1.28 in cash/shr but is expected to continue burning it at more than $1/yr

Bernard



To: Mike McFarland who wrote (1461)12/20/2005 11:04:13 AM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
Where is the support for CRA?

It seems it is testing the Oct.12 L at 10.74 If that doesn't hold the June 27 L at 10.30 and the June 6 L at 10.05 aren't too far away.<g>

bigcharts.marketwatch.com

CRA started the new fiscal year cutting its loss by one cent/shr but the revenues were down to 2.1M vs. 9.6M (This was the 3rd Q of significantly lower revenues on a sequential basis .)Reportedly,it still has more than $8.90 in csh/shr.

As you said it there is a good probability that it may bounce up from the $10 level. That's the level from where it did bounce up before on June 1st.<g>

bigcharts.marketwatch.com

CRA's longer term chart remains interesting.<g>

bigcharts.marketwatch.com