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Randy,

I agree with your assessment. I am very bullish on ILMN and was so even before the June, 2000 Red Herring article. ILMN is a keeper.

I frankly struggle with determining the valuation of an IPO like ILMN, so I hear you when you say that you want to get in but at what price. Can't use PEG ratios for a company with little revenue and no positive earnings.

I jumped in on Monday with 50% of what I intended to invest initially. I am holding the remaining cash to invest later when the price will likely drop below what I got it for on Monday. If it doesn't drop, I still make money, albeit not as much as I would have.

Good luck.

Akoni
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