SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : AFFYMETRIX (AFFX) -- Ignore unavailable to you. Want to Upgrade?


To: Daflye who wrote (866)6/17/1999 8:44:00 PM
From: Doug (Htfd,CT)  Read Replies (1) | Respond to of 1728
 
A 16-month cup formation with a five-month, downward-sloping handle through which AFFX broke on Wednesday at $44, about 12% below its August 1997 all-time high (which it attained after rising from below $10 to $50 in 13 months). And today, up 7% on double average volume, to $48.50, a new 12-month high and within 5% of all-time high.

All this, and a combination of biotech and proprietary chips, with a model of "don't waste capital building fabs -- franchise!"

Lovely, simply lovely. I've been waiting a long time for this week.

Doug (long AFFX as of 6/16)



To: Daflye who wrote (866)7/6/1999 1:14:00 PM
From: Barbara Bullard  Read Replies (1) | Respond to of 1728
 
Hi Everyone,

What a week with AFFX. Where do you see this stock going now that it has broken through $55? Any updated TA? It just seems to have good news every other day lately.

Enjoy, and thanks for any info in advance.
Barbara Bullard



To: Daflye who wrote (866)7/16/1999 9:31:00 AM
From: Daflye  Read Replies (1) | Respond to of 1728
 
To: lnkennedy (864 )
From: Daflye ( Ignore ) Thursday, Jun 17 1999 12:04PM ET
Reply # 866 of 892

Also, I just went back and looked at a weekly chart. AFFX is on the verge of hitting all time highs. It peaked back in Sept 97 around 50.
If the markets hold, and AFFX clears 50 then 54, to me it's headed to 80ish. But that would be a 9-12 month target.

Volume is heavy, also a good sign.


********************************************************************
Wow, take a few weeks off and miss the whole thing.

Congrats longs!!!!

Cheers, D