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Biotech / Medical : Nuvelo (Nasdaq: NUVO)

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To: AnnieO who wrote (127)2/21/2000 3:55:00 PM
From: John Starks  Read Replies (1) of 286
 
i am a long time holder and have been obviously happy with the stock. i haven't contributed to the thread for awhile. the litigation has been a concern of mine as well but ceo lou gruber is a former patent attorney and i am pretty confident in their position, ie, their sbh technology appears to me (albeit i am a mol bio researcher, not a patent attorney!) to be distinct from arrays generally which is the affx holding.

i am more concerned with the company's apparent goal of positioning itself as a pharma firm rather than a genomics company...three pre-clinical products will not sustain 1/10th its current value. wall street insists on lumping it with genomics stocks which accounts for the crazy run up obviously. lets hope the street continues to ignore the company's misguided attempt to redirect investor perception.

i welcome any thoughts on the matter.

John
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