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Non-Tech : NIFTY NINE IN NINETY NINE PLUS ONE

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To: Arthur Radley who wrote (124)1/13/1999 8:31:00 PM
From: Steve Lokness  Read Replies (2) of 613
 
I'll give you my understanding of ABSC, but boy on this one do your own DD.

ABSC is a combinatorial chemical company providing "ultra high throughput screening systems" to itself and to partners. The machines and technology used are a magnitude higher/faster/smaller samples than its competitors such as ARQL and PCOP. I think they were having some early problems working out bugs (might have had something to do with small samples)and fell out of favor. The recent runup in price and comments by others (Vector1) have again made me wonder if this might be the best play in combinatorial chemistry. If their science works this is likely to be a real winner in my opinion. It is one of those stocks I bought and just put away, so I don't follow it as closely as some others.

Appreciate comments by others.

Steve
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