Friday, April 21, 2006 10:35:56 AM
MykelMan17X, First of all let me welcome you to the arena, it has been a long time since we had such an intelligent voice to provide insight into the science. You will be a great asset to the board.
Before I begin my point by point rebuttal to your previous post let me say how much I appreciate your participation. You indicate that while your expertise in Genetics is awe inspiring, you still consider yourself a novice at investing. I will therefore break this response into two parts. The first will be the rebuttal the second will contain some advice about investments.
To begin,
They have machines that sequence the protein-coding genome of all those patients...
They have no such thing. They have never sequenced a single protein in their entire existence.
then a very powerful computer .... a PC.
I'd venture to say the overwhelmingly vast majority of SNP's and markers ID'ed were discovered in-house..
You may venture..but you'd be wrong. See above. DNAG has never discovered a single SNP, they don't have the technology nor the expertise. They have a SNP machine.
.I don't ""pretend"" to know so don't accuse me of such - I DO KNOW the science; all the above came off the top of my head.
Of course you do, after all you aced genetics at one of the top institutes in the world...and off the top of your head to boot. Believe me we are all impressed.
(note: If by some chance you detect a smidgeon of either arrogance, contempt or even condescension in my tone, please be aware that it is not directed at you. Apparently it works to keep bag8ger out of the discussion.)
All I can say is try me little one.
Not me....I know when I'm in over my head. I never even went to one of the top institutes let alone ace genetics there.
I don't impress my stock skills on anyone here in the board because it's not my place...so learn from me.
Believe me friend, we are all learning from you.
I apologize to the board for humoring this fellow..
No apologies necessary, you have humored everyone.
Some investment advice (specific to this stock).
One of the best indicators of the strength of a company's new technology is the plethora of that technologies practitioners that contribute to the discussion about the stock. They are aware of the potential and familiar with the work of the company's team. They know a good thing when they see it and they put their money where they know it will grow. For example in the case of DNAG the myriad of scientists and engineers that have flocked to the stock are led by an Art Historian? who aced genetics at one of the top institutes.
Another thing to be aware of is the possibility that the company newsletters are designed to enhance the investors confidence in the stock. They therefore may tend to present their text just a little bit in a positive light and perhaps not mention any of the obstacles. On the other hand they just might lie outright. Interestingly enough some years ago our founder told us that he had an epiphany in the shower one night and realized that he could use his platform to provide a full genome scan for under a thousand dollars. As someone who aced genetics at one of the top institutes I'm sure you can appreciate the significance of that. Unfortunately, the considerable revenues that such an acheivement would provide have never materialized and the industry is STILL working on the problem and are currently talking about a HUNDRED thousand dollar scan. (Stupid industry!)
Anyway let me close now (we can save the rest for later)and let me reiterate my appreciation for your participation. I am all aflutter as I look forward to hearing from you again.
With very best regards,
frog
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