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


To: Jibacoa who wrote (2174)1/22/2008 10:09:40 AM
From: Jibacoa  Respond to of 3722
 
VMSI is up 4.17% after it finally agreed to get munched by Roche.<g>

stockcharts.com

Roche raised its offer by about 19% to $89.50( about $3.4B)

Bernard



To: Jibacoa who wrote (2174)2/11/2008 5:25:13 PM
From: Jibacoa  Read Replies (2) | Respond to of 3722
 
MITI was up for 4th day o a roll as it continued to bounce up from the $1.50 level, but it wasn't able to deal with the resistance at $2

The stock was up 16.18% at its intraday H of $2.01 but closed up only 9.83% The volume of 68,822 was > its ADV of 44Ks

bigcharts.marketwatch.com

Its CEO is scheduled to present at the BIO CEO and Investor Conference in NY on Wednesday, & will also present at the Roth Capital's Growth Stock Conference in CA, a week from tomorrow.

As previously mentioned, MITI has trimmed some of its losses in the las 2Qs & revenues were also better on the last (3rd) Q, but it isn't expected to show a good comparison in the pending 4thQ when revenues had a spike of 59% & earnings were up 185% in 2006 <g>

The stock trades around 2.7xBV The insiders hold >25% & the short ratio is around 7x its ADV.

The "analysts" have a target of $4.35 but I would just keep it around the May H of $3.25 <g>

bigcharts.marketwatch.com

Bernard