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Rayno Life Science Portfolio Dx And Tools: EXAS, ILMN,TMO

|Includes:EXAS, Illumina, Inc. (ILMN), QDEL

Molecular Plays Lead Rayno Dx Focus Stocks Up

Illumina (NASDAQ:ILMN) rose 4.5% today on "talk" that Roche will increase its buyout offer to $60. Roche told Bloomberg that it does not comment on rumors. Illumina was added to the Rayno Portfolio in 2/2/09 at a price of $29 and the buy was reiterated in 2012 in the low 40's. The last high bid by Roche was $51. Illumina is a leader in gene sequencing which is a $5.6B market and is expected to grow to $25.6B as genetic tests and additional diagnostic content is added to sequencing.

In other action for 2012 Qiagen (NASDAQ:QGEN) has recovered from lows and is up 37% YTD; Exact Sciences (NASDAQ:EXAS) is up 40% YTD and is at all time highs.Quidel (NASDAQ:QDEL) is also at YTD highs and has recently introduced its Sofia diagnostic assay platform.

Cepheid (NASDAQ:CPHD) is a premier diagnostic company with a broad platform of assays but is not on our list. We are looking for value in the low 30's.

2012   Original Price Price % Price Price    
    Recomm   Dec'10 Ret 7/1/11 10/2/12 %YTD  
                   
Abaxis ABAX 2/2/09 15 26.85 79 27.77 37.9 38.6  
CardioV.Sys. CSII 11/5/10 7.15 11.66 63 15.45 11.45 14  
Celera CRA 3/28/10 7 6.3 18 acquired    
Exact Sci EXAS 12/10/10 5.6 5.98 6.8 8.48 11.36 40  
GenProbe GPRO 2/2/09 45 58.35 30 69.79 82.55 39.6 acquired
Illumina ILMN 2/2/09 29 63.34 118 76 51.2 67.7  
Immucor BLUD 4/5/10 20 19.83 0 20.73 acquired    
Alere ALR 2/2/09 25 36.6 46 37.35 19.64 0  
MicroFluidics MFLU 7/6/10 0.77 1.34 74 acquired    
NeoGen NEOG 7/2/10 26 41.03 58 45.33 42.8 39  
Qiagen QGEN 3/15/10 21.5 19.55 -9 19.07 19 37.5  
Quidel QDEL 6/16/10 12.4 14.45 16 15.3 18.65 23.3  
Sequenom SQNM 11/18/09 3.75 8.03 114 7.44 3.5 -21.6  
SeraCare SRLS 11/18/09 2.75 4.75 73 3.77 acquired    
ThermoFish TMO 7/25/12 53.5     New 59.4 32  
                   

Disclosure: I am long ILMN.

Stocks: ILMN, EXAS, QDEL