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Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?


To: Vector1 who wrote (6254)1/14/1999 12:37:00 AM
From: Vector1  Read Replies (3) | Respond to of 9719
 
Notes from HQ:
ABSC
Comfortable with in excess of $40m in rev in 99. Existing contracts cover the bulk of the estimate
Expectation of the following additional deals in 99
-2 genomics deals
-2 more sequencing deals
-2 out licencing deals
-2 additional integrated systems deals.
First complete system delivered in Q3

This company has very elegant and powerful technology. Once they compete a system and the prove up the power of the system this company will rock.
If they are able to meet their goals for the year as outlined above my price target for the stock is $20 by year end. Few people understand the power of ABSC's technology. They can potential increase screening speed 10 fold. The genomics revolution is producing hundreds of targets. These targets will need to be screened againt massive combinatorial libraries. High througput screening is the next bottleneck. ABSC has some of the answers.

V1