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

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To: Paul Weiss who wrote (465)8/26/1997 1:28:00 AM
From: Ronald Kronemann   of 1728
 
<<Looks like a case of 'Buy on the rumor, sell on the fact' to me>> Paul, that was exactly my impression. It seems that the nummer of momentum players in AFFX is fairly large. This will not disturb me if AFFX stick to their story. If the stock makes 35 to 40$ by year end, that's fine for me and I see a steady 30-40% increase for the next couple of years to come. Regards Ronald BTW One of the larger non-scientific weekly magazines here in Germany just has a story about Biochips (Affymetrix, Nanogen and Synteni) in which they attribute the leading edge to Affymetrix. Germans are getting stock-crazy this year, so I expect some investment capital coming from this side of the pond over the next weeks.
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