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Biotech / Medical : Aurora Biosciences (ABSC) -- Ignore unavailable to you. Want to Upgrade?

To: DCOS who wrote (31)	10/22/1997 1:53:00 AM
From: Boyce Burge	Read Replies (1) \| Respond to of 359

Look back a little in this thread (about 6 weeks or so)... and you will see my reasons for liking Aurora. I like other biotech stocks more, but I see the need for a new approach to drug screening which ABSC has with its fluorescent proteins. And a number of solid partners pumping in funds. However it is early days for ABSC... you should plan to hold for at least a year. $12+ is a good entry point... they have a lot of cash and a low burn rate, but it will take a while for the assays to come together with tthe miniaturization, robotics... you might want to stand back for a month or so until they sign another partnership, or maybe buy a little now and a little later. And dont believe my enthusiasm is a guarantee you will make a quick profit... many people often prefer a biotech that is already profitable, and this one wont be for 2 years or so.