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Biotech / Medical : AFFYMETRIX (AFFX)
AFFX 14.010.0%Apr 1 5:00 PM EST

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To: tuck who wrote (1607)3/27/2003 11:01:49 AM
From: tuck  Read Replies (1) of 1728
 
>>9:41AM Affymetrix cut to Equal Weight from Overweight at ThinkEquity (AFFX) 27.27 -0.53: Firm cites valuation and potential risk to GeneChip sales until new genotyping and diagnostic applications kick-in. Notes in recent channel checks, no customers were bullish about ordering patterns and there is clearly concern that co will miss the qtr circulating around Wall Street.<<

This follows a JP Morgan downgrade a day or two ago for similar reasons, chiefly valuation.<<

Cheers, Tuck
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