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Biotech / Medical : Ciphergen Biosystems(CIPH):

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To: tuck who wrote (31)2/16/2002 6:01:43 PM
From: michael97123   of 510
 
Tuck,
Bought a new car today. Buyers remorse again. Below from yahoo. mike

Earnings Conference Call
by: Biotech_Vendor
Long-Term Sentiment: Strong Buy 02/16/02 03:58 pm
Msg: 577 of 577

Listened today, good call.

No comments on suit. Reiterated the importance of the announced collab with Aaron Diamond AIDS Res Ctr and initial early results. Various collabs being initiated and new ones being discussed, but no specific mentions.

2002 projected sales $38M -> $40M. Diverse sources of revenue and revenue growth. Latest Revs: 60% equipment, 35% consumables, 5% services.

Clinical proteomics market size: approx. 25,000 labs based in universities, university medical research centers and toxicology facilities in big pharma companies. This is the ProteinChip® System key market. Already installed in 13 of 40 NCI Cancer Ctrs + 28 other major cancer facilities worldwide. Have presented and marketed to 27 futher major cancer centers WW.

Core research market acceptance is growing.

Single marker diagnostics and predictive paradigm shifting to the multiple marker paradigm as demonstrated in the ovarian cancer study.

Patents increasing in key areas: 9 issued, 33 patents pending.

SG Cowen on the call asked questions as did a reporter from Bio Array News. Nothing from UBS Warburg.

IMHO, if you want to invest, YOU need to listen. YOU are responsible for your Due Diligence."
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