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Re: jimmenknee post# 47988

Sunday, 10/12/2008 6:11:10 PM

Sunday, October 12, 2008 6:11:10 PM

Post# of 137480
Jimmenknee,

Been waiting for Ilumina. This is a dream entry. I have a starter position and keep adding in as it goes lower.

Luminex reports on Oct. 21. Normally this stock would be going up into earnings. But we are not in normal times. I plan to sell into earnings for a profit (I hope)and get back in at a lower price.

Medical Devices and Diagnostics is not going away especially with personalized medicine becoming so relevant in treating cancer patients.

Keep and eye out for Hologics also. HOLX. They did not make their numbers in the last quarter so they have taken a little hit but their current price would make a nice starter position. In the first half of 2009 they may have FDA approval for a molecular HPV test. They will compete very heavily with Digene (the only one with FDA approval) for that market. Their test will be at a molecular level, more sensitive,and more accurate. They bought CYTC which is the market leader for Liquid Base Pap Testing. $$$$$$

I know a bit about this arena since I have been in medical device/diagnostic sales.
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