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Biotech / Medical : Celera Genomics (CRA) -- Ignore unavailable to you. Want to Upgrade?

To: Carter Patterson who wrote (149)	3/14/2000 12:48:00 PM
From: Winston Lee	Respond to of 746

I hope that many longs took some profits on the biotechs. Anybody still short this stock?

To: Carter Patterson who wrote (149)	3/14/2000 12:58:00 PM
From: P.T.Burnem	Read Replies (1) \| Respond to of 746

The biotech index is down 15%, and the industry has lost tens of billions dollars in a single day. Anyone who believes that the humanity can somehow benefit from a massive disinvestment in genomic research is a moron.

To: Carter Patterson who wrote (149)	3/14/2000 1:00:00 PM
From: Raymond Clutts	Read Replies (1) \| Respond to of 746

And it will probably bear about as much fruit as his first term proposals to nationalize America's health insurance industry. Which is not to say that there is no impact at all just that it won't result in the legislated goal of socializing all human genome IP. It will likely serve to have the same impact that his early first term proposals did-reducing capital committed to this area based on the perceived risk of increased regulation or nationalization.

To: Carter Patterson who wrote (149)	3/14/2000 2:15:00 PM
From: zax	Read Replies (1) \| Respond to of 746

This is communism. Plain and simple. What a wonderful world we would live in if everything were free and we all worked hard just for the fun of it. Its pure fantasy. This country was built on the premise that you can work hard for something and call it yours CRA cannot incorporate its use of government funded basic human genome research into its database and then in turn patent the derivative work. Uncle sam and us taxpayers just wouldn't stand for that. Furthermore, in my opinion no company has the right to exclusively own blueprints to the human genome. This will undoubtedly be tested in court sooner or later. Patents could be awarded for the treatments derived from CRA's research, but to think that some corporation can actually have ownership of the structure of my or your DNA is folley. I think many CRA holders believe that CRA would somehow own a blueprint, and that the government is setting this false belief straight. MHO