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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Norm Magic who wrote (3279)5/21/1998 1:58:00 PM
From: Leman  Respond to of 25711
 
Genesis Initiates Coverage of Gene Logic with Buy Rating
Analyst Sets 12-Month Price Target of $13.50 Per Share

PR Newswire - February 23, 1998 10:11

GLGC %MTC %FIN %RTG V%PRN P%PRN

SAN FRANCISCO, Feb. 23 /PRNewswire/ -- Genesis Merchant Group Securities
initiated coverage of Gene Logic Inc., (Nasdaq: GLGC) with a buy rating and
set a 12-month price target of $13.50 per share.
Genesis analyst Deepa Pakianathan noted that Gene Logic, which has
developed a unique suite of proprietary technologies to measure gene
expression and gene regulation, currently has three alliances potentially
worth over $200 million in total: Procter and Gamble (NYSE: PG), Japan
Tobacco, and Akzo Nobel/Organon. Measuring gene expression is one way to
utilize genomic information to identify drug targets. In addition,
Pakianathan noted that the company is expected to sign at least two additional
partnerships in 1998 and two more in 1999, all of which should include
subscriptions to proprietary databases and to non-exclusive database products.
"Gene Logic has promising technology that we believe can be successfully
used in the evolution and application of genomics in drug discovery. The
successful implementation of the Flow-thru Chip, accomplishment of milestones
to trigger payments from partners, and the signing of additional alliances
should drive the company's stock price towards our target," said Pakianathan.

(NOTE: This valuation of Gene Logic does not include its Bioinformatics
capability and its OPM technology, both of which could add significant upside
value going forward.)

SOURCE Genesis Merchant Group Securities
/CONTACT: Deepa Pakianathan of Genesis Merchant Group Securities,
415-677-1500/
/Web site: sternco.com
(GLGC)



To: Norm Magic who wrote (3279)5/21/1998 2:01:00 PM
From: Rose Rose  Read Replies (2) | Respond to of 25711
 
Anyone who uses multiple exclamation points is, IMHO, a hypester. And testy responses to genuine requests for information make me suspicious.

Just my humble little opinion.

Rose



To: Norm Magic who wrote (3279)5/21/1998 2:04:00 PM
From: musicguy  Read Replies (2) | Respond to of 25711
 
Ok Norm,
I have a foolish statement for you...
I read the news concerning 3M. My understanding of it was that APTX was using 3M technology, not the other way around. There is mention of ATPXs patent pending technology, but NOWHERE have I seen anything that gives the slightest clue that 3M gives a rats petootie about it.

PLUS your original posts were one liners "GET IN NOW!!!" or some such BS...

Sorry Norm, but you just ticked me off. If I can't ask a simple question without being caled a fool, then screw.

By the way, pulling bunnies out of a hat at Long Island birthday parties is NOT really part of show biz...

MG