SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical
SMDX Spectrumedix
An SI Board Since January 2000
Posts SubjectMarks Bans
34 5 0
Emcee:  songw Type:  Unmoderated
"SpectruMedix holds the exclusive worldwide rights to the 96 capillary electrophoresis DNA sequencing/genotyping technologies conceived at the Ames Research Laboratories and Funded by the Human Genome Program of the United States Department of Energy."
spectrumedix.com

SpectruMedix Corporation devotes substantially all of its resources to the development of high-speed DNA/gene sequencing instrumentation (the DNA Sequencer), an instrument for the acquisition, analysis and management of complex genetic information. The DNA Sequencer was developed in part from research efforts conducted at the United States Department of Energy and Ames Laboratories' Institute for Physical
Research and Technology/Iowa State University biz.yahoo.com

---
SMDX trades on the OTC BB and, like many of the developmental stage companies that trade there has tiny revenue,miniscule sales and shakey financials among a laundry list of potential hurdles

What may set this company apart though is a deal with one of the genomics leaders. PE Corp (and its Celera Genomics CRA unit) have licensed SMDX patents. Further PE Corp/CRA has taken a stake in SMDX thru preferred shares and signed SMDX up to a consulting deal.

Why doesn't the market know about this deal? Neither company has ever issued a press release on the licensing deal, stake or consulting deal.
It is, however laid out in detail in SEC filings-
tenkwizard.com     aug '99

Will SMDX move up if/when this deal becomes common knowledge? Impossible to say- but other companies involved with genomics (HYSQ, GLGC, CRGN et al)have seen their valuations rocket.

SMDX has 3.66m shares out- 1.6m float and $3.26M in cash according to Yahoo biz.yahoo.com  
The stock started moving off its lows last week
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
34we finally got a PRO to bring the company to its potential he not a penny stock a. paisley-7/11/2001
33THIS is big: (COMTEX) B: SpectruMedix Corporation Announces Capital InfusiGARY P GROBBEL-7/9/2001
32Some of that was mine. The company has a plan and appears to be executing on itCusterInvestor-5/17/2001
31mm finally got pushed off the .90 offer...now at .93...took 20k to do it.but nowGARY P GROBBEL-5/17/2001
30here is a release that just came out...i guess as a follow up to the Orchid BiosGARY P GROBBEL-5/17/2001
29it is nutsGARY P GROBBEL-4/18/2001
28Hey Gary, It gave. Now .29 x .90. Crazy!Rbruss-4/18/2001
27Well, the decline started right after the last quarter was announced, and the retuck-4/12/2001
26i agree the fall came on suspect vol...probably a tax sell or fear...something hGARY P GROBBEL-4/12/2001
25Tuck: SMDX's collapse from a bit over a buck to $.31 took place with minuscuBulbaMan-4/11/2001
24Wow. SMDX has gotten its clock cleaned. I remember it has ties to ABI. Is it tuck-4/11/2001
23this is from last Nov..a few months back...something to keep in mind: STATE COLGARY P GROBBEL-2/20/2001
22spectrumedix.comGARY P GROBBEL-2/16/2001
21This is a very interesting situation that has rapidly growing rev and now a profGARY P GROBBEL-2/15/2001
20this is one of my favorite high risk/high reward plays for this year...4.6m outsGARY P GROBBEL-1/12/2001
19bulba...super. it is one stock i would definitely have in my portfolio.GARY P GROBBEL-11/15/2000
18Gary: Also think SMDX is a great bet. I've been posting about it on SI'sBulbaMan-11/15/2000
17for the last 2 months i am the lone ranger here...does anybody else own this stoGARY P GROBBEL-11/15/2000
16i try and not get tooooooo excited by this stock but it is hard for me to keep tGARY P GROBBEL-11/15/2000
15the pace here is really picking up...strong buy...do your own R&D and proceeGARY P GROBBEL-10/4/2000
14i would get your R&D going on this one as in my opinion only yesterday'sGARY P GROBBEL-9/26/2000
13according to profile at yahoo smdx has 4.52m shares outstanding and a 52wh of 8.GARY P GROBBEL-9/25/2000
12Do your own due diligence on this or any company and verify all information... GARY P GROBBEL-9/25/2000
11Spectrumedix is an interesting situation...look into their background and see whGARY P GROBBEL-9/15/2000
10 SL-Thanks, Steve <eom>Steve-2/16/2000
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):