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Re: bag7ger post# 960

Wednesday, 07/09/2003 11:47:12 AM

Wednesday, July 09, 2003 11:47:12 AM

Post# of 82595
Just read through raging basher They boys are in pig heaven. It is unfortunate, but with Manleo and putsomemoneydown etc feeding off each other, newbies are at the mercy of the merchants of doom over there. They have Carrie swept off to a convent and Phil Brooks is missing in action. I can't recall his function.

So now let's see, the recrnt press release brings one genomics pioneer in with one drug company. Oh woe is me! It's such a pity that there are no other drug companies out there. Doctor Frudakis is not going to sell the fruits of all that labor cheaply. The possibility was raised of all the product line of DNAP being broken out to other companies. I think this is akin to the licensing concept Doctor Frudakis has championed, but goes that extra mile in divesting DNAP of the managerial responsibilities. I don't thing this is likely, but I could see the Doctor and "brain Trust" at DNAP arranging "management contracts" to oversee the institution of "testing labs" at various companies, but keeping the pure breakthru research at DNAP. Obviously "the lads like playing with the toys", and when the money starts rolling in, it would be nice to have more time to follow those "personal quests" that lead to the really significant leaps in science. Also nice to apportion the drudge sample prep out, and maybe one or two new robots. I like to consider the backed up state of the ancestry tests as a really favorable sign that will indicate a healthy increase in activity for the company. The August 15 Quarterly will be significant in revealing the degree of activity. I bet all those revenues we expect will be offset a bit by new purchases for supplies, and under the previous accounting scheme, the income won't be credited until the cash for the results is in the hand. They must be careful not to expend funds on too much inventory, as the number of orders for Ancestry kits may tend to taper off. It's good the collection kits spread across the spectrum of tests.

I hope someone sends an E-mail or phone call to DNAP and let them know the whereabouts of the most ardent supporters. If they don't know we bailed on Raging Basher, reading all those negative posts could weaken the resolve of even the principals in the company who know all that's going on!

I'm guessing that the next PR from the company will be the Accreditation for doing forensic analysis. Meanwhile my account balance is low and I can't buy more shares. Boo Hoo!

Sorry for lenght of post.

Stakddek