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Biotech / Medical : AFFYMETRIX (AFFX)

AFFX 14.01

0.0%

Apr 1 5:00 PM EST

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To: Barbara Bullard who wrote (876)	7/9/1999 3:15:00 PM
From: jerryriti	Read Replies (2) of 1728

Based on past reporting, we can expect a report at the end of July. You don't really expect earnings but we will be looking for revenues to be increasing significantly as has been the case in previous quarters. AFFX has an agreement with HGSI which permits AFFX to commercialize their gene chip probe arrays based on HGSI human genome sequences. One might say that any good that accrues to HGSI will accrue to AFFX in the immediate present and future based on commercialization milestones. Good luck. I am quite favorably dsiposed to AFFX so take what I say with a grain of salt, but IMO today's action is related to HGSI. These are two world class leaders in this very important field!

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