To: Steve Lokness who wrote (658 ) 4/18/1998 3:18:00 PM From: Richard Haugland Read Replies (1) | Respond to
Steve: AFFX shot up just at the end again Friday from 30 to 31 before closing at 30 1/2 whereas VGINF shot down. I sold some VGINF earlier in the week at 9 3/8 and 9 1/2 and have been buying AFFX at ~30 and selling it again at ~31. I plan to buy some VGINF back at a lower price, if it descends, as in the past because I expect its earnings report to be quite optimistic, even if its net earnings are still negative. Just missed selling the AFFX late Friday I bought on Wednesday. Unfortunately I was out when it rose from about 31 to over 35 but then I was also out while it came back below 31 (except one profitable day trade).in situ Hybridization (FISH) and it has several products either approved or in the pipeline. VYSI also got royalties from Oncor, the non-oncology business from Oncor (~$3,000,000 revenues a year) and $3,000,000 dollars (probably minus the pile its lawyers will get). It was started at AMOCO, which still owns a fair amount of stock. The stock initially sold at $12 and has descended to about $10.50. Few people watch it so far, I believe.
