CAPScall of the Week: Complete Genomicshttp://www.fool.com/investing/high-growth/2012/07/20/capscall-of-the-week-complete-genomics.aspx Sean Williams
July 20, 2012
For years, satirical late-night TV host Stephen Colbert has been running a series on his show called "Better Know a District," which highlights one of the 435 U.S. districts and its congressional representative. While I am no Stephen Colbert, I am brutally inquisitive when it comes to the 5,000-plus listed companies on the U.S. stock exchanges.
That's why this week and every week from here on out, I'll make it a tradition to examine one seldom-followed company within the Motley Fool CAPS database and make a CAPScall of outperform or underperform on that company.
What Complete Genomics does
In Complete Genomics' latest quarter, the company noted revenue of $3.9 million, down from $6.8 million in the previous year, while expenses ballooned due to DNA sequencing technology development.
Whom it competes against
Also, Life Technologies' (Nasdaq: LIFE ) new Benchtop Ion Proton Sequencer is capable of sequencing the human genome in just one day, for the tidy sum of just $1,000. This significant reduction in time and cost could be a game-changer that puts its technology out of the reach of its competitors. Big pharmaceutical companies are starting to take notice of Life's superior technology, such as when GlaxoSmithKline (NYSE: