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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: pipick who wrote (16782)9/28/1999 9:00:00 PM
From: Sergio H  Read Replies (3) | Respond to of 29382
 
Pipick, I am not familiar with either of the stocks that you mentioned.

AFFX looks very interesting on first glance. AFFX was featured in Wired magazine today. You might enjoy the article:
wired.com

BTW, The stock is featured in Wired's Index 40. Stocks that the magazine thinks will drive our economy. Any thoughts on the pending law suits against Incyte and Hyseq or the recent financing?

IHII is not as appealing at first glance. First of all, the chart is a falling knife, but the fundamental ratios raise questions as well..particularly the debt to equity ratio and the increase in inventories reported.

Sergio



To: pipick who wrote (16782)9/29/1999 1:43:00 AM
From: scouser  Read Replies (1) | Respond to of 29382
 
pip I checked the AFFX PR's not much detail, sorry don't have time to dig any further ito bio-chips.
IhII not my forte oil and gas but the share price dive is bad and looks like still more downward pressure to come.

206.146.143.80

The q/q #s look great but for the share price I think the CEO says it here
HOUSTON, Aug 5, 1999 /PRNewswire via COMTEX/ -- Robert Cone, President and CEO of Industrial Holdings, Inc. (Nasdaq:IHII) (IHI), announced today that he is "perplexed" over the recent drop in IHI's stock. "As I stated in the Annual Meeting, we expect to continue to be a profitable company in 1999. A significant portion of IHI's business is related to the energy markets, and our performance typically lags changes in oil & gas prices by 6 to 9 months. Consequently, we generated record earnings in the 2nd quarter of 1998, and did not feel the effect of last year's downturn in the energy market until the 3rd quarter of 1998, when our business began to decline."