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Biotech / Medical : Biotech & Pharma.T.A,
BIB 83.86+1.3%Dec 24 4:00 PM EST

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To: Jibacoa who wrote (2692)4/28/2010 12:00:16 PM
From: Jibacoa  Read Replies (1) of 3722
 
AFFX is bouncing up without completely closing its Febr4 UG.<g>

The stock was up 9.93% and is stil up 7.92% at present on volume of > 1.3M stillbelow its ADV

bigcharts.marketwatch.com

On Monday it announced the launch of its Axiom Genome-Wide ASI Array, which supposedly is the first commercial product to provide maximum power for genome-wide association studies in East Asian populations.

This is the second release for the Axiom Genotyping Solution, which includes a suite of population-optimized arrays for genomic studies that will be delivered in the next year.

Last week AFFX reported the results for the 1stQ. The loss was approximately $9.6M, ( $0.14/shr), including an impairment charge of $4.9M on a non-marketable investment, vs.a loss of $25.2M ($0.37/shr) in 2009. The gross margin was 61.3% vs. 47%

Revenue for the Q was $80.2M vs. $78.6M

The EE for 2010 are around $0.04 vs. the loss of $0.56 in 2009 & for 2011 EE are around $0.15 <g>

The ACTAY is $8.33. It seems that with some good news the stock could get to the $10 or $12 level.<g>

bigcharts.marketwatch.com

Bernard
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