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


To: Jibacoa who wrote (2215)2/12/2008 11:42:52 AM
From: Jibacoa  Respond to of 3722
 
SGP has been up 6% & still is up 5.48% after reporting smaller loss than expected.<g>

bigcharts.marketwatch.com

It lost $3.4B ($2.08/shr) in the quarter vs. $182M ($0.12/shr) in 2006, but without the acquisition charges,it had a profit of $0.27/shr, which was $0.03 > than the "analysts" had espected.<g>

The sales for the Q were up 40% to $3.7B vs. $2.7B in 2006 with the help of Remicade sales.

The 4thQ sales didn't include results from Vitorin

The "analysts" have a target around $29.30 but it seems that if SGP can close above $27.80 it could get to high 30s or the $40 level.<g>

bigcharts.marketwatch.com

Bernard