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Biotech / Medical : AFFYMETRIX (AFFX) -- Ignore unavailable to you. Want to Upgrade?


To: Dan Hamilton who wrote (1046)11/4/1999 9:42:00 PM
From: Planet 9  Respond to of 1728
 
Bingo!

If I had purchased this stock at $35 or $40 and watched as it rose to $120 I think I would be prone to take a little profit.

Let's consider, it has a market cap of $1.8B and annual sales of maybe $100M, using a valid but in today's world easily dethroned technology, with patent problems looming -- take the money and run. When it returns to levels where oxygen is available for prudent investors to breath then buy in again.

I posted this before but if you would like to play the DNA device game for very little money and big upside look at Virtek Vision on the Toronto Stock Exchange and visit its web site and check out its DNA chip reader. The stock is less than 1X's revenue!

Buy low, sell high.