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Biotech / Medical : Aurora Biosciences (ABSC)

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To: Richard Haugland who wrote (104)5/22/1998 8:36:00 AM
From: Machaon  Read Replies (1) of 359
 
<< ... but I agree that "boring" in my last post on SI was not the right word >>

Perhaps, but I was mostly kidding. A painful kind of joke. <g>

<< I put in an order to buy at 7 ... holding more than 10k shares ... Perhaps it is also the most risky then, principally due to its ambitious goals for ULTRA high-throughput screening. >>

I frequently average down, when a stock, for which I have a lot of confidence, drops. It's obvious that you consider the risk worthy of a substantial position.

<< ... the company could be having difficult delivering on promises. >>

It obvious that you feel that they can work out their problems.

My field is computers, not in assays and screening. But, what interests me in this field, is that it is getting more mechanical. I visualize screening to be an automated, binary search type of operation.

The more that DNA is totally mapped out, and relationships can be automated and formulized or digitized, the faster the path to discovery.

But as with all pioneers, our ABSC stock has some arrows in it's back!

Thanks for taking the time to post that very informative and detailed note. It is appreciated.

Now to read it again, and do some more research.

Thanks, Bob
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