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


To: xbrent who wrote (327)5/10/2000 12:28:00 AM
From: PuddleGlum  Respond to of 746
 
I was expecting an announcement after last Friday's close, but so far no luck. Besides SG Cowen, On24 spots have also suggested that Thursday will bring an announcement.

The market as a whole is pretty slippery right now. I think that the biotech sector is about to start moving faster (with technological progress) than it has ever moved to date. Lots of companies will get trampled in the stampede. I just hope that CRA is one of those doing the trampling.

pg



To: xbrent who wrote (327)5/10/2000 2:26:00 AM
From: allen menglin chen  Read Replies (2) | Respond to of 746
 
xbrent, could u PM me how u find that out from SG Cown? Thanks.

My source, Hung_like_John_Holmes, told me it should be Thursday, with 80% certainty some news, or progress report.

1. CRA is a key presenter Morgan Stanley Genomics conference. (Maria CNBC Market Week)

2. "Rival Celera Genomics (NYSE: CRA) has been involved in a highly publicized effort to map the genome. The company claims to be ahead of the government effort in locating the letters and mapping many of the genes and may issue a progress report at a genomic conference that starts this Thursday at Cold Spring Harbor Laboratory in Long Island, New York."
redherring.com
nucleus.cshl.org

3. Maybe a CRA article in this Thursday's new article (WSJ Monday A2 bottom box) nature.com

4. From early April, Venter claimed 3-6 weeks for the assembly step, now 4.5 weeks have passed.
newsvote.bbc.co.uk
streetadvisor.com
streetadvisor.com