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Biotech / Medical : The thread of life -- Ignore unavailable to you. Want to Upgrade?

To: Mike McFarland who wrote (635)	12/16/2004 1:39:11 AM
From: Mike McFarland	Read Replies (1) \| Respond to of 1336

A bit of bad luck, sort of. I've been lucky for the past few weeks making about 2k/week. Of course, had I not sold Lynx, which had over a buck a share left it in, I might be 10k ahead rather than 6k. And then there was today... Having made 20k dimes in Sequenom, and thinking the chart was getting saggy...and maybe I could just buy my shares a nickle cheaper...I sold. I sold 21,000 shares, for nickles slots, well, dimes. ding ding ding, so stupid. Or not, but how do you know? But mainly thinking I wanted to get some more of the only other idea, glgc. Needless to say, today would have been one of those elusive $10k days had I just stayed off my PC for one lousy day. Remember 1999/2000, when ten thousand dollar days were no big deal, ha! Oh well. Anyway, I am just holding GeneLogic now, it is awfully boring stockwise, but I have to say, it seems to be a really decent company. Oh, they need to make a profit, but at least they have a business. Probably doesn't have the ten bagger leverage you would look for in a microcap biotech, but that is just based on what is known. I suppose if you assume that you know nothing (safe assumption with me) and then just don't overpay, then maybe you can make a few bucks. This time, no daytrading. I would like to see how things unfold for GeneLogic in the year ahead. For my last biotech folder... Something called "Toxexpress": affymetrix.com I think this probably comes from Therimmune, so we cannot give glgc too much credit, but at least they are a better company now for the acquisition. and tonight's trivia... Surfing around to see who subscribes to glgc's stuff, I stumbled across a company called Five Prime. And look who is there, ha, a name I know--remember her from Gizzmo!. I have never heard of this company, but it was fun to come across her again. fiveprime.com