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Biotech / Medical : Aurora Biosciences (ABSC)
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To: jay silberman who wrote ()8/13/1999 12:46:00 AM
From: Larry Liebman   of 359
 
Continue to buy high 7's/low 8's based on the following:

(1) Inverse relationship of noise/enthusiasm to stock price, will be validated
(2) Company is "virtually" profitable, with quarterly deficit -.03 vs. -0.40
(3) Genomics research will hurl vast quantities of data requiring a new generation of HTS systems
(4) Company has continued to expand relationships with big pharma, not the least $50 million collaboration with PFE, expansion of contracts with MRK/BMY, etc.
(5) Market cap is $140 million
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