Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Biomaven who wrote (986)	9/13/1999 3:49:00 PM
From: jerryriti	Read Replies (1) \| Respond to of 1728

Very good post as we can often learn by looking back at what has influenced our decisions. This one should burn deeply into our minds how readily we may become influenced by well written articles; experts that only minimally understand that about which they are writing but who must write as that is their mandate. Also, highlights the now well observed reality that it it is not easy to value growth especially in its earliest stages but that traditional measures do not work.

To: Biomaven who wrote (986)	9/13/1999 5:32:00 PM
From: Pierre Borczuk	Respond to of 1728

Wonder where Zina Moukheiber is now... Peter , do you have a "I told you so folder" for those urls Congrats to AFFX longs

To: Biomaven who wrote (986)	9/13/1999 10:02:00 PM
From: Steve Antonelli	Read Replies (1) \| Respond to of 1728

Good evening folks.... Are any of you followers of the Motley Fool? If so, perhaps you have read "Rule Breakers / Rule Makers". I recently became aware of Affymetrix (when the stock was trading around 45-50, not that long ago). The technology they are involved with intrigued me. Then I read the book mentioned above and determined that AFFX is a potential rule breaker. In case you haven't figured it out, other rule breakers are companies like AMZN, YHOO, etc.... Here are the qualifications for rule breaker status: Top dog and first mover in an important, emerging industry ... does AFFX qualify? I think so. must possess sustainable advantage gained through business momentum, patent protection, visionaries, or inept competitors ... proved patent protection in the last few days, I don't know enough about it's competitors though. Seems to have momentum right now, sales growth appears very strong. demonstrated strong past price appreciation ...... we've all been amazed at the recent run-up, I'm sure (99 relative strength rating in Investor's Business Daily). strong consumer appeal..... hard for me to assess because I do not know the industry that well, someone help me here. documented proof that it is grossly overvalued, according to the financial media .... I actually searched the web recently looking for evidence of this, and a link brought me right to that Forbes article. I have been meaning to write this post for a while now. Today seemed like the appropriate time.... and by the way, you can buy that book at Amazon.com, it will only help one of my other investments. :) Hang in there folks, it might be rough riding from here, but I think the odds are we will be much higher in 6 months... Steve...