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Biotech / Medical : AFFYMETRIX (AFFX)

AFFX 14.01

0.0%

Apr 1 5:00 PM EST

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To: JF Quinnelly who wrote (654)	3/26/1998 12:16:00 PM
From: ziggy	Read Replies (1) of 1728

Where do youall think is a good entry point into this one looking LT. I was waiting for low mid 20s but it took off on glaxco news.It seems like tough resistenece at 35. Now I'm thinking the lowest I'll see in the NT is 30. This stock is pricey but I guess thats because of the interesting tech. I too think that INCY aand AFFX are on a collision course, and also beleve affx to be a better co. mainly because of the people that AFFX have.Also looking for some comments on Nanogen, the IPO should be priced in the next few weeks. It's much smaller than AFFX(book value is about half) but the tech is a little different than AFFX. More diagnostic than developmental. It has some nice backers too BDX, ELN and hoescht.thanks zig

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