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Biotech / Medical : The thread of life

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To: Steve Lokness who wrote (763)	7/19/2005 12:59:44 PM
From: Mike McFarland	Read Replies (1) of 1336

I want to see the chart flatten out--with any luck by the time that happens dpii will be up, and I can sorta broaden out over this cheap subsector. PCOP and DPII have done lousy the past two years--and about equally lousy, but recently pcop has done even worse: finance.yahoo.com Say, I think that I said something recently about wanting Celera to buy DPII (they have dpii shares already...or they used to have shares--through Axys). I probably knew this, but forgot: (from Celera last year) The fourth quarter fiscal 2004 results included a $24.8 million pre-tax gain associated with the sale of our investment in Discovery Partners International, Inc. So, they obviously will not be buying dpii, having got rid of their position. I wonder how many shares Walker has of dpii, and if he has put pressure on the stock lightening up? I saw somewhere that he owned a third of the company-- can that be right?

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