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Biotech / Medical : Nuvelo (Nasdaq: NUVO) -- Ignore unavailable to you. Want to Upgrade?

To: John Starks who wrote (128)	2/21/2000 5:32:00 PM
From: AnnieO	Read Replies (1) \| Respond to of 286

This weekend I began to look hard at the money I have made in this stock and company. It has surpassed my wildest dreams. I decided to find out if there was any reason to continue to hold or sell and lock in my profit. I looked at the some of the fundamentals. This is what I came up with: I am more and more concerned with HYSQ's revenue stream. It doesn't seem to match the money they are putting out on legal expenses and operating expenses. A lot of people compare any patent a company has with QCOM. QCOM has a monopoly with their patents. HYSQ has competition from AFFX and other companies. They have stated in their SEC filings that if they loose this suit that they will be materially affected and it will open the door for other companies. They also warn us shareholders that they need more partners to make commitments for collaboration to keep the revenue coming in. What I asked myself was if I would pay this price for a company involved in a lengthy litigation over chip patents, that they may loose this suit, that is deeply in debt, has never made any money, looking for more financing, is issuing more options to pay people, has a long time before they might have any drug to market, and has a lot of people buying the stock of any biotech in hopes of hitting a home run in price run up. I looked at a chart of HYSQ and AFFX. It seems to me that HYSQ has gotten way ahead of itself based upon momo jumping on. The home run was hit and now I think there will be profit taking. IMHO siliconinvestor.com I have tried putting in stops before but in these fast moving stock I don't seem to get filled at a very good price. I guess I would rather lock in a known profit.