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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Eggolas Moria who wrote (73146)1/10/2000 11:49:00 AM
From: Michael Bakunin  Read Replies (2) | Respond to of 132070
 
I agree with your basic thesis, but I have been trimming (and in some cases selling) my genomics holdings during their x00% pops over the last few weeks. I can't speak for all-caps MB, but I do recall his buying INCY under 20 a little while back, so it's likely he's been the beneficiary of the runups, too. Just today, two of my small-cap genomics companies are up 20% and 40% respectively. Biotech is the new internet, I guess. -mb



To: Eggolas Moria who wrote (73146)1/10/2000 1:37:00 PM
From: Knighty Tin  Read Replies (1) | Respond to of 132070
 
Gary, I am one of the original Genomics players, though I've never owned Celera. I did own Human Genome and Incyte and Gene and made great money with them.

I have no doubt about the medical efficacy of genomic mapping. What I have a problem with is the obvious, how do you become a licensing one stop shop for something as common as the human body? I don't think the future problems will be medical. They are more likely to be legal. That being said, I like their chances. At lower prices, of course. <g>