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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 248.41

+1.6%

Nov 10 3:59 PM EST

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To: Greater Fool who wrote (91895)	1/23/2000 12:45:00 AM
From: Mark Fowler	Read Replies (1) of 164684

The runup in the genome stocks is about as insane as the runup in some of the more ephemeral web stocks. Affymetrix, for example, is a rinky-dink company, with one manufacturing facility in Sacramento. If the worldwide market for the product was as large as the stock market seems to think it is, wouldn't they be building lots and lots of great big manufacturing facilities?!?<< They also have a rinky-dink facility in Santa Clara Valley... affymetrix.com "Being the dominant genomics tools company, Affymetrix should benefit significantly from the genomics stock rally," To said. He said he expects the company to turn profitable by the end of this year, and that its competitive edge is sharpened by a strong patent position. He raised his target to $250 a share from $150. Shares of Affymetrix jumped 30 1/4 to 232 1/2. " cbs.marketwatch.com

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