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Biotech / Medical : AFFYMETRIX (AFFX)
AFFX 14.010.0%Apr 1 5:00 PM EST

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To: JF Quinnelly who wrote (426)7/15/1997 3:27:00 PM
From: Boyce Burge   of 1728
 
An upgrade never hurts. I'm even more optimistic about AFFX share price at years end than a month ago. I understand they are working around the clock making chips for the various collaborators, and generally getting a very strong response from both pharma and academic partners.

I no longer expect to see AFFX below $30, and look for $50/sh by year end --- just an educated guess, of course.
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