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Biotech / Medical : VGNX -- Variagenics, Inc.

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To: nigel bates who wrote (121)2/9/2002 11:32:08 AM
From: scaram(o)uche   of 269
 
messages.yahoo.com

One thing that I've wanted to touch on and haven't..... the GNSC approach is, IMO, more likely to provide reasonable guidance (given that the VGNX business plan has shifted to cancer diagnostics and LOH, it's now safe to utter such). However, it's testing such a large number of variables that any early results are not likely to be statistically significant.

What does that mean? It may mean that, given a decent result from STRENGTH I, one will nonetheless have time to invest **after** results are announced. Any release would be likely to point at a lack of statistical significance, and that will cause significant reservation. OTOH, weak or nonsense associations are to be expected. Read any PR very carefully, and either buy or bail quickly while others are confused????

It certainly doesn't look like any early enthusiasm from digesting results has leaked out. I don't know if that means that (1) there is no excitement to date re. crunched data, (2) data crunching has not yet reached digestion stage, or (3) crunched data is blind until it's all obtained. Each hap marker is a separate experiment, I believe. I see no obvious reason that enthusiasm or depression would not be built in piece meal fashion.

I'm immersed in BS here, but I was hoping that it would either be helpful BS or that someone with more insight would step up and embarrass me, for the good of all.

:-)
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