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To: justmickey who wrote (61740)9/4/2000 12:25:03 PM
From: StocksDATsoar  Respond to of 150070
 
DNAP FROM RAGINGBULL. Technology News

ragingbull.altavista.com

By: corb64 $$$
Reply To: None Sunday, 3 Sep 2000 at 11:46 PM EDT
Post # of 11593


IBM, COMPAQ BETS BIG BUCKS ON HUMAN GENOME
It's all in the genes. Or at least that's what IT prophets predict
as they ready themselves for the next wave of g-business. That's
"g" as in genomics. Just weeks after researchers cracked the human
genome sequence -- a move expected to create an avalanche of data
-- IBM says it will invest $100 million in companies that can help
process it all.
techweb.com
(Not Implying DNAP is one of them...just an example of the market )





IBM, Compaq Bet Big On Human Genome Project
(09/01/00, 5:31 p.m. ET) By Edward F. Moltzen, CRN
It's all in the genes.

At least that's what some IT rainmakers and problem solvers are beginning to understand as they brace for a wave of g-business. That's "G" as in "Genomics." Just weeks after researchers said they had cracked the sequence for the Human Genome -- a move expected to created a Tsunami of data across all industries -- IBM says it will invest $100 million into companies that will help process it all.

Compaq (stock: CPQ), which supplied the technology for the historic and mind-numbingly complex gene research performed by Celera Genomics, is also beefing up and investing in this area. "There is going to be an explosion of needs for compute power and storage," said Compaq VP of Alpha technology Jesse Lipcon.

"It's a massive amount of data," Lipcon said. "Celera has 50 terrabytes, and the amount of data is growing massively."

Earlier this year, Celera researchers announced at a White House press conference that they had cracked the human genetic code -- a milestone of near Biblical proportions. However, the work is just beginning, as is its impact on information technology.

After developing "sequence data," Celera, Rockville, Md., will add annotation data that could even be larger in scope, Lipcon said. "If you look at the kinds of computing that will be most important in manipulating the sequence data, that work is even more compute-intensive," Lipcon said.

To successfully sequence the Human Genome, Celera needed to assemble 3.2 billion base pairs of human matter in their correct order. In the process, Celera used 600 Alpha processors from Compaq that could pull off almost a trillion operations per second. The work was finished on an AlphaServer GS160, which was released earlier this year.

Compaq isn't the only company jumping into the gene pool, so to speak. In addition to its $100 million investment, IBM (stock: IBM) has created a new Life Sciences Division devoted to driving new sales and profit from the sector.

"IBM sees life sciences as one of a handful of areas where we believe there's going to be significant growth in the computer industry in the next three-to-five years," said IBM VP of Life Sciences Solutions Dr. Caroline Kovac. "We see life sciences as one of our strategic core activities."

Researchers believe that, eventually, the better understanding of human protein will make it easier to find cures for cancer and other diseases."The human genome is a four-bit code," Kovac said. "Once you get it into ones and zeroes, it becomes about information management and an information management problem."



To: justmickey who wrote (61740)9/4/2000 1:13:33 PM
From: StocksDATsoar  Read Replies (1) | Respond to of 150070
 
ragingbull.altavista.com

By: CoReporter $$$
Reply To: 11470 by CoReporter $$$ Monday, 4 Sep 2000 at 1:00 PM EDT
Post # of 11609


DNAP Club for all Investors ONLY. Please post your DD on the yahoo club as well. I am looking into getting Dr.Fradukis and Mr.Wagoner to join as well and they can provide us with updates. I need all your support to make this happen. Show them we want them there.The more investors there the more apt they are to join us. Good Luck.

clubs.yahoo.com

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)