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Biotech / Medical : T/FIF, a New Plateau

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To: scaram(o)uche who wrote (297)11/2/2000 10:04:12 AM
From: BulbaMan  Read Replies (1) of 2243
 
Rick: You didn't seem interested when I previously mentioned SMDX (SpectruMedix), but I'll take a shot that you changed your mind. With a market-cap of about $8 million, becoming a 100-bagger would only bring it to $800 million – which, as we know, is no big deal these days. On the other hand, it's not that far down from $8 million to $0. Here's a blurb on SMDX from their latest press release:
" SpectruMedix develops and manufactures high-speed and high throughput DNA sequencing and genetic
analysis instrumentation for the acquisition, analysis and management of complex genetic information and
high-throughput screening, massive parallel capillary electrophoresis systems for drug discovery. The DNA
sequencing and high-throughput screening instrumentation were developed in part from research efforts
conducted at the U.S. Department of Energy's Ames Laboratory, which is operated by Iowa State
University's Institute for Physical Research and Technology. SpectruMedix is also involved in the development
of instrumentation and methodology to rapidly assess lung function in all pulmonary diseases, in order to
improve evaluation, diagnosis and treatment in such patients."
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