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Biotech / Medical : Aurora Biosciences (ABSC)

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To: silInv who wrote (218)11/23/1999 10:00:00 AM
From: tuck   of 359
 
silInv,

Looks like good timing in selling on my part. ABSC has lost Lilly as UHTSS customer:

biz.yahoo.com

This is somwhat offest by Bristol-Myers becoming a VIPR buyer:

biz.yahoo.com

But the stock is in the 12s and could go lower. It is odd that Lilly even started as a customer if they thought their internal screening division (Sphinx) was that good. Hedging their bets, I guess. I wonder if they will try to compete with Aurora, or keep it to themselves.

Cheers, Tuck
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