What's going on at LIFE?

Synergies=Layoffs
coming B4 year end.

$1B to get IT going is

$1B to get IT going is craziness. Q3 will be quite informative.

If you think the AR/DSO ratio

If you think the AR/DSO ratio is scary, look at the intangible asset ratio (69%, this is the result for overpaying IT and destroying AB) and the net tangible book value (almost -$2B). Life's debt/equity ratio is quite high too.

http://www.fool.com/investing/general/2011/08/02/is-salix-pharmaceutical...

The fundamentals are eroding badly and fast. Once it punches through $40, the short sellers can pile on and drive this thing down to the teens. That's why Life is aggressively buying back its stocks. As the article explains, the numbers show Life does not have the financial muscle to do a thing to stop the collapse if it occurs. $30 is quite optimistic IMO.

At this rate the Rolex will

At this rate the Rolex will be downgraded to a swatch watch and a 6-pack of Zima.

Steve would get blind drunk

Steve would get blind drunk and puke his guts out if handed this mess. Then fire all directors and above.

Steve J. is in the big league

Steve J. is in the big league with Welch and the likes. Lucier is uh..uh .... well not even close. He definitely make more money than everyone here who frequent this board...!!!

"Greg has a product that

"Greg has a product that looks and feels cheap, and suffers from some fundamental technical flaws that they are doing their best to gloss over"

That is 'cos they fired all of their technical folk who cared enough to solve the problems before they happened and replace that with marketing trash and "commercial leads" who were more at home in Staples and Walmart.

No kidding...check out what

No kidding...check out what the Motley Fools say about Life at http://www.msnbc.msn.com/id/44007126/ns/business-motley_fool/

They look at accounts receivable and days sales outstanding to judge a company's current health and future prospects. Not a pretty picture for Life, especially if this continues into Q3!

Steve has the advantage of a

Steve has the advantage of a premium sexy product offering that works beautifully, and looks and feels wonderful.
Greg has a product that looks and feels cheap, and suffers from some fundamental technical flaws that they are doing their best to gloss over.
The truth will out though......

Time to make more youtube

Time to make more youtube videos! GL's team needs to think, "what would steve jobs do" and cover with cheese and serve.

The lowest was $42.68,

The lowest was $42.68, dangerously close to the 52 week low of $42.44. It really looks bad.

$42.95 now...after Q3 the

$42.95 now...after Q3 the stock will go to $30...we continue to lose business worldwide...

We are all screwed on 8/2/11

We are all screwed on 8/2/11 anyway. Market will implode, stock will contract and depression worse than 1928. So, who cares

I would like to report that we can now go back to caring...

you meant "back-breaking" not

you meant "back-breaking" not "ground-breaking"?

more like:

back-breaking, morale-sapping, job search-inducing...

Similar to the Stalinist

Similar to the Stalinist Gulags? That was a ground breaking HR resource imperative.

You seem to be in the dream

You seem to be in the dream

you meant "back-breaking" not

you meant "back-breaking" not "ground-breaking"?

When your head of HR is

When your head of HR is a:

dynamic thought leader creating ground-breaking human resource practices...

it's hard to go wrong!!

One thing I can say is that

One thing I can say is that Life Tech is a strong company with their business spread across many divisions. Most important, execs and managment know what they are doing and how much work they can squeeze out of employees. I feel like they will come out strong and Q3 number will show that.

PGM trade in program is real,

PGM trade in program is real, depends on where you are at I guess. The same goes for the SOLiD, Illumina has a healthy trade program, although what they plan to do with them is questionable.

But if you want to get one-touched on the gene machine party yacht, keep the PGMs.

Yes and you appear to be the

Yes and you appear to be the loser I own.

The average american thinks

The average american thinks Obama is Muslim and he was born indonesia. The average American would rather have a dumb red neck Alaskan in the white. The average American doesn't know what a credit rate is or where is Norway. Your fucked regardless cause GL is an average American. Look how bad he screwed up in China.

And from the command of your written English syntax, you appear to be Chinese.

I guess markets will pick up

I guess markets will pick up but it has nothing to do with GL. I guess ASHG should be the next crazy marketing hype.

That rolex bonus: right

That rolex bonus: right there, fire the idiot who came up with this, I mean come on we are in 2011 and here goes Micheal Douglas with his brick phone and his cigars. WTF, do I look like Vinnie? I have kids to feed, insurance to pay, my wife wants to kill my boss and here you come with a Rolex, straight out of an info-commercial ??? Why don't you put your rolex where the sun don't shine. After traveling with the boss and his VPs, I could see where this comes from. They think the net worth of their watch is related to the size of their weinies (it's a sausage fest at the top BTW).

LT China is getting worse

LT China is getting worse now...although this market is good...GL and his attendants never know how to do business in China, and they keep expelling excellent AB employee ...They paid a lot of money to hire a lot of shit who are good at talking business...

Like telling a rep he doesn't

Like telling a rep he doesn't need winter tires if he she covers north east.

Sell a few PGMs and trade the Rolex for some tires. If you haven't already bartered it for healthcare.

The average american thinks

The average american thinks Obama is Muslim and he was born indonesia. The average American would rather have a dumb red neck Alaskan in the white. The average American doesn't know what a credit rate is or where is Norway. Your fucked regardless cause GL is an average American. Look how bad he screwed up in China.

Do you really believe that?

Do you really believe that? It wont happen. Theres too much at stake.

We are all screwed on 8/2/11

We are all screwed on 8/2/11 anyway. Market will implode, stock will contract and depression worse than 1928. So, who cares

LT didn't really lose at the

LT didn't really lose at the next gen level. They really lost when they treated strong ABI MB reps like shit and screwed the strong LT cellular mb reps like shit. At that point, the core of their business fell while the NGS promise never delivered fiscally. Now the have no ressources except a few bimbos trying to do phone calling for master mixes sold at +1%. They would like to fix that but the new car plan brought in by HR totally screws everyone. Like telling a rep he doesn't need winter tires if he she covers north east. Dumbos. Every interview take an abrupt stop during the description of the car plan. Let me see, I am losing money everytime I drive for a company who's gm rides a twin turbo Volvo gigayacht, are you kidding me !!

lots of good ABI reps have

lots of good ABI reps have left; they're not synergistic with the overall strategy for creating LT shareholder value and expanding the ...blah, blah, blah senior management doublethink

'I'm trading my 2

'I'm trading my 2 PGMs.......'

This would be deliciously funny if it were true, but I suspect it is someone creating mischief.

It's a nice idea for Illumina marketing though.

¨I'm trading my two PGMs for

¨I'm trading my two PGMs for a MiSeq and paying $25K. Know many others doing the same.¨¨

Is this an Illumina strategy? Are they doing this to everyone?

funny they didnt mention how

funny they didnt mention how many people who were laid off or how many sales reps have left the company.

"MBA math 4+6=8" No, you got

"MBA math 4+6=8"

No, you got it wrong.

MBA math 4+6=20, creating a bigger pie...creating share holder value...typical MBA bullshits. That's the intention.

In practice, the merger execution is handed to LT management, most of who only have 8th grade math skill. There comes the middle school math: 4+6=8.

Make sense now, LOL.

That is a great deal!

That is a great deal!

I'm trading my two PGMs for a

I'm trading my two PGMs for a MiSeq and paying $25K. Know many others doing the same.

No, you simply don't

No, you simply don't understand GL's definition of "synergy".

MBA math 4+6=8

MBA math 4+6=8

How to build an $8Bn

How to build an $8Bn company:

1. Merge a $4Bn company with a $6Bn company
2. Apply GE management principles
3. Await inevitable outcome

Interestingly... $13M revenue

Interestingly...

$13M revenue for IT which translates to 260 units sold at $50K/unit. ILMN CEO reported that 135 units of MiSeq has been pre-booked ($125K/unit) which translates to $17M revenue...for a product that hasn't shipped yet.

IT is in a heap of trouble then when the MiSeq does ship!

or more expensive but with

or more expensive but with better data and easier to use.

These analysts seem to forget

These analysts seem to forget one thing about long-term growth:

A $50K US instrument is easy to buy, but also easy to discard when a new technology becomes cheaper.

According to David Ferreiro,

According to David Ferreiro, from Oppenheimer:

"[I]f anything, 2Q results reinforce our belief that the Ion Torrent will be an extremely successful product and drive long-term growth," he said. Ion Torrent sales contributed about $13 million to Life Tech during the quarter, which Ferreiro said "implies" about 240 system placements. He forecast 650 additional system placements in the second half of 2011.

Of course I would laugh on the forecast....

Does anyone know how many

Does anyone know how many PGM's have sold so far?

"Add him to the list of

"Add him to the list of senior executives who have been shown the door in the past two months..."

And let's not forget BP, Head of Global R&D, who walked out to go run a non-profit...

"I think GL should keep

"I think GL should keep advertising Life Tech at cornhusker games"

There is a reson why Lucifer did this. All the prior art against Livak and dual end labeled fluorescent probes with pcr resides in Lincoln with one of their top scientists. He is/was doing damage control.

BB value to LT: Compensation

BB value to LT:
Compensation for 2010
Salary $548,077.00
Bonus $0.00
Restricted stock awards $1,121,536.00
All other compensation $129,612.00
Option awards $ $1,098,569.00
Non-equity incentive plan compensation $648,750.00
Change in pension value and nonqualified deferred compensation earnings $0.00
Total Compensation $3,546,544.00

BB can come run my PGM and

BB can come run my PGM and cure cancer. That would be torture enough, my RAs are going to revolt.

I added Bernd Brust to my

I added Bernd Brust to my 'network'. We need a janitor.

I think GL should keep

I think GL should keep advertising Life Tech at cornhusker games, show up at the Clinton initiative for the stupid photo-op, and go on stage at TED to tell everyone we will be cured of cancer in 3 years. Well done GL, you are a vacuum machine salesboy, now what ? BTW, good old Bill C.'s not gonna want to talk to a sub par CEO next year, you are losing your aura and well, your next step is down, way down.

Once again, it shows that CEO's can do very little to lead a company and are not entitled to this ridiculous recognition, save maybe 10 CEOs, this ideology is ridiculous, it is time companies move down the power and the decision. When I started working for you, I wanted to cut the living shit out of your ugly ties, I wanted to tell you to stop taking those roids and stop shinning your watches to people, the common man wants to do good work, he doesn't care about your fucking watches, he cares about success. Most of all, when I saw your minions take over, I thought: ''Ho my god, these guys look like Mafioso'' I mean seriously, a sausage fest of brainless jocks who figured they should simply act like Steve Balmer on stage and the money would flow. You are such idiots. Worst of all, you know little about integration and cost cutting. Every single moves you made was predicted and the worst of scenarios are slowly taking place. This is beyond ridiculous.

I guess you don't give a flying fuck about your employee survey now ? You and your goons have your life jackets on, don't you ? You have no experience with this kind of situation.

Life Jacket Technologies.

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