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To: Robert Rose who wrote (92765)2/1/2000 9:03:00 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
Robert, Do you remember Sequenom (Sqnm) San Diego Co who Ipo'd today. A couple of weeks ago you told me you thought it was compelling but your concern was the underwriter.
What did happen with Cra other than the super computer deal?
>NEW YORK, Feb 1 (Reuters) - Industrial genomics company Sequenom Inc. <SQNM.O> burst on the scene Tuesday after its $26 a share initial public offering with a more than 200 percent gain, as investors rushed to buy the newest genomics issue.

Biotech and genomic bioengineering stocks have been strong performers as the sector emerges as one of the ones to watch due to the recent breakthroughs in the human genomic mapping project and the new advances in science.

San Diego-based Sequenom raised $130 million, with five million shares pricing at $26 each, above its upwardly, revised price range. The company had originally expected to raise $90 million. Warburg Dillon Read was the lead underwriter.

Shares soared 54-1/2 toat 80-1/2 on the Nasdaq.