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Biotech / Medical : Biotech & Pharma.T.A, -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (2125)1/14/2008 5:17:02 PM
From: Mike McFarland  Read Replies (1) | Respond to of 3722
 
Take a look at Helicos, HLCS--about
the same marketcap as Sequenom now,
not too shabby--both have done suprisingly
well. For that matter, how did Illumina
get to be a $4B company while Affymetrix
has languished?
finance.yahoo.com
(not that the chart will tell you why, but charts
are indeed fun--especially after the fact)

The success of tool companies cannot be attributed
to personalized medicine--not for real anyway.
The false promises of genomics weren't suddenly realized
while I wasn't paying attention?



To: Jibacoa who wrote (2125)2/21/2008 2:07:31 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
SQNM Tried to get above the $8 level, but was brought down again by the general market.<g>

bigcharts.marketwatch.com

The shares rose early today after SQNM sid it expects a strong rise in 2008 revenue & announced plans to launch a genetic test product.It said yesterday that it expects a loss for 2008 between $30M to $33M vs. the loss of $20.9M in 2007.

It projected 2008 revenue of $53M to $56M, which would be a 30% to 37% improvement from 2007.It also expects gross margin to improve & expects to launch its noninvasive genetic test for Down syndrome in the first half of 2009.

The "analysts" have a target around $13 to $15 for SQNM. I will wait to see if the stock can find support at the $7.25 level.<g>

bigcharts.marketwatch.com

Bernard