What's going on at LIFE?

Synergies=Layoffs
coming B4 year end.

someone explain this to me.

someone explain this to me. their stock price shot down by 2 dollars today even though they had better than expected earnings for Q4

Their stock is climbing

Their stock is climbing everyday. If SOLID and BioTrove are really doing that bad, why is their stock price going up?

Let's see:

Today-underperforming relative to NASDAQ and DOW
Last week-underperforming relative to NASDAQ and DOW
Last month-underperforming relative to NASDAQ and DOW
Last quarter-underperforming relative to NASDAQ and DOW
Last year-underperforming relative to NASDAQ and DOW
Last 5 years-underperforming relative to NASDAQ and DOW

Sometimes things need to be viewed in context.

First day at AGBT, zero

First day at AGBT, zero customer talk on SOLID.

This year, it's all about Ion Torrent. SOLiD is so last year. They've spend their budget this year on flying in "the world's leading scientists" that are quickly forming the IT "user community." Exciting resultsare on the way!!

Is it still the same guy in

Is it still the same guy in charge of the North, man that guy is probably the worst manager to come by my office. Thick as can be.

Ion torrent has no chemistry

Ion torrent has no chemistry at this point, Ion torrent has no software at this point, ion torrent can barely sequence 75 bp at this point. Ion Torrent has no Nextera solution at this point, Ion torrent has no Kappa library quant. kits at this point. Ion Torrent isn't really 50K when you see all you need upstream and downstream.

This is really a nightmare for them, they placed units, oh yes they did. Just watch the original Ion Torrent folks walk away next quarter when the sky falls on Lifetech. Feeding low priced instruments to cheap customer is going to be a NIGHTMARE !

If Ion torrent doesn't get longer reads = bye bye 700 million.

First day at AGBT, zero customer talk on SOLID.

Someone please find me an Ion Torrent library protocol...

I hope that the SEC decides

I hope that the SEC decides to take a closer look at Life once they post yet another quarter of fabricated profits.

I don't give a crap about

I don't give a crap about your stock price. It means nothing to me, it can come crashing down like no tomorrow for all I know. Go back to the basics.

The stock price is the only thing GL cares about. He doesn't give a crap about your lousy experiments. Tune in tomorrow, I'm sure sequencing is doing great and Ion Torrent is about to take down Illumina.

I couldn't agree more - you

I couldn't agree more - you read my mind. RIP Applied Biosystems - best company I ever worked for. If these Invitrogen idiots ever get off Twitter and listen to the people around them rather than their "word association clouds" they'd realize their declining numbers are due to stabbing AB and everyone proud to work for AB in the chest with their idiocracy.

I love Life Technologies but in the last year and half, they have been just all over the place

This I can agree with. Applied Biosystems was a great place to work...however, Invitrogen is a terrible, terrible company and the merger has been a horrible experience for all legacy AB employees.

Completely different mindset of cheap cheap cheap.

Joe's delusions happen in log

Joe's delusions happen in log space(sic.)

I guess that's how he justifies his salary...

I wouldn't say I don't know

I wouldn't say I don't know "anything." You reveal something with every word and some fools are easier to identify than others.

Sure thing tough guy! You sure have my number.

Is the Foster City site

Is the Foster City site closing?

"What?? There was just an

"What?? There was just an article on single molecule FRET in December's BioTechniques where JB was touting how brilliant Starlight is. 10x the data of Ion Torrent in 1/40 the time. 100,000 individual reads, 300 bases a minute for several minutes. Reads of > 1kb."

Joe's delusions happen in log space(sic.)

I wouldn't say I don't know

I wouldn't say I don't know "anything." You reveal something with every word and some fools are easier to identify than others.

...drooling and simple

...drooling and simple minded...simpering stooge...Sr. Sycophant...

My, my. Very bitter!

You don't know anything about me. Your accusations are quite comical! Have fun in you bitter, trollish and pathetic world.

I feel sorry for you and I truly hope you have a great day.

It will get better!

And your drooling and simple

And your drooling and simple minded - and equally anonymous, btw - dismissal of legitimate criticism is helping to improve the human condition how???

Of course like any simpering stooge I'm sure you're echoing all your sentiments to your bosses so I guess it's not totally anonymous is it. Maybe you'll get a promotion to Sr. Sycophant. Soon the world will be your oyster.

Uh yeah. Sure thing. Can't

Uh yeah.

Sure thing. Can't slip anything past you.

I guess sitting around complaining is the best recourse for anonymous keyboard warriors like yourself.

Carry on.

The Stooge

Try again; from Merriam

Try again; from Merriam Webster:

STOOGE
a : one who plays a subordinate or compliant role to a principal b : puppet

I don't think your characterization of anti-corporate anarchists remotely qualifies, do you - even if that were what is going on here? A reactionary boob who feels compelled to defend a particular corporation despite example after example of greed, incompetence and iniquity does qualify.

I'm sure your weaselly reverance for Life Technologies and superiority of the rights of corporation rights will continue right up to the day you are shyte-canned not becasue of your job performance but to try and salvage the havoc wrought by ridiculous machinations of the front office. Likely you ARE one of the front office stooges (certainly aspire to be) but keep in mind the ship is large and places on the life boats are few - even for rats.

There was an artist's drawing

There was an artist's drawing of how brilliantly it worked and everything.

Single molecule sequencing

Single molecule sequencing never happened

What?? There was just an article on single molecule FRET in December's BioTechniques where JB was touting how brilliant Starlight is. 10x the data of Ion Torrent in 1/40 the time. 100,000 individual reads, 300 bases a minute for several minutes. Reads of > 1kb.

I love Life Technologies but

I love Life Technologies but in the last year and half, they have been just all over the place

This I can agree with. Applied Biosystems was a great place to work...however, Invitrogen is a terrible, terrible company and the merger has been a horrible experience for all legacy AB employees.

Completely different mindset of cheap cheap cheap.

I love Life Technologies but

I love Life Technologies but in the last year and half, they have been just all over the place. The reps would sell anything if they could, they must work from fear. This means they will push stuff that doesn't work. This means they will promise things that never happened. Single molecule sequencing never happened, single cell sequencing never happened, Ignite never happened, Solid 4 HQ will never happen, the Solid PI will never happen, Attune will never grow, OA will never really work... Who comes up with all these lies, I mean there are even fake mock ups of these instruments at shows !

Sorry but if Hunkapiller was ever behind those, he would have apologized to all the scientists out there.

I want my apology, I want a rep who will be honest with me, I want a company who will not charge me more, the more I buy. I want the old company back. I don't give a crap about your stock price. It means nothing to me, it can come crashing down like no tomorrow for all I know. Go back to the basics.

Evidently you don't know what

Evidently you don't know what "stooge" means. Look up the definition, read your post again and then kindly tell us who the stooge in the room is.

Stooge: Someone under the control of others. I know the meaning.

Most of the stooges here are under the control of the mob mentality on an anonymous rumor site.

No new ideas here. Just the same ole "Big corporations suck! I am great and have all these wonderful ideas but no one will listen! Why am I such a failure? I think I will post up my great ideas and theories on how big companies are failing on an anonymous rumor site! That will show them! Yay for me!"

If SOLID and BioTrove are

If SOLID and BioTrove are really doing that bad, why is their stock price going up?

Because all these bitter people are full of sh*t. They have nothing better to do with their time than try and break down a sucessful company.

All companies have issues - none are perfect. Just like the trolls who constantly bash big pharma.

Life Tech's PCR side of the

Life Tech's PCR side of the company seems to be doing well even though SOLID is dragging everyone down. What's the worry? Their stock is climbing everyday. If SOLID and BioTrove are really doing that bad, why is their stock price going up?

So you are telling me the

So you are telling me the open array is a good machine ? Go to hell you liar, how can you accept money for this kind of representation. This has nothing to with the ABI I loved.

"You pathetic stooges seem to

"You pathetic stooges seem to think you know better than everyone else."

Evidently you don't know what "stooge" means. Look up the definition, read your post again and then kindly tell us who the stooge in the room is.

You are all completely and

You are all completely and utterly full of sh*t.

You pathetic stooges seem to think you know better than everyone else. The personal vendettas against this company are almost pathological in nature. Of course, looking at this rumor site - no company seems to be immune from the bile of disgruntled workers - both past and present.

I guess anonymous rumor sites are the only places where competent people gather and explain how things should be run? Why aren't you people in charge of major corporations?

You guys need to concentrate on moving on and finding employment elsewhere. Get a life.

***Everytime a Life Tech rep

***Everytime a Life Tech rep tells me about Biotrove, they can't stop raving about how simple and fast it is to use. Are they outright lying to me?***

That's terrible, how can that rep look at him herself in the mirror, that instrument is just plain horror, it basically doesn't work as far as I am concerned. The rep will do anything to give it away. Ours was given as part of a package, what a boat anchor !

"NEW YORK (GenomeWeb News) –

"NEW YORK (GenomeWeb News) – Pacific Biosciences late Monday announced that a board of the US Patents and Trademark Office has ruled against Life Technologies in a patent interference claim in which PacBio was named the senior party.

As a result of the decision, all patent claims by Life Tech involved in the case were canceled, PacBio said."

Everytime a Life Tech rep

Everytime a Life Tech rep tells me about Biotrove, they can't stop raving about how simple and fast it is to use. Are they outright lying to me?

****Is BioTrove really that

****Is BioTrove really that bad? I'm always getting offers to try it in my lab.****

Why don't you try it, it's bloody untry-able. That machine is a total disaster. My customer never tried that POS and I burnt so many bridges selling that thing.

You also failed to mention we want everyone to try the Attune, another boat anchor.

True as usual everyone will

True as usual everyone will suffer for more bad M&A

They are going to fund the M&A by cheating us out of our salaries. Bumped down the raises and the salary scales to sub-Biorad levels

They are going to fund the

They are going to fund the M&A by cheating us out of our salaries. Bumped down the raises and the salary scales to sub-Biorad levels. Hope GL enjoys his 4.5M dollar salary. Lifers plan to look for other jobs. Good thing the Bay Area job market is getting hot. There won't be many left in FC when they finally shut it down.

With so much spent on silly

With so much spent on silly M&A (~$2B) deals and nothing to show, how is it possible for them to consistently report higher-than-expected earnings each quarter?

Debt, and dilution of shareholder value by issuing stock.

With so much spent on silly

With so much spent on silly M&A (~$2B) deals and nothing to show, how is it possible for them to consistently report higher-than-expected earnings each quarter?

Is BioTrove really that bad?

Is BioTrove really that bad? I'm always getting offers to try it in my lab.

The intent is never

The intent is never incompetence. ChargeSwitch was intended to become the market leader in DNA prep. They intended to become the market leader in antibodies. With ABI and Ion Torrent, the intent is to become the dominant player in next-gen, clinical and diagnostic sequencing. The problem is that there are too many individuals who have reward structures that don't lend to long term success of the company as a whole. Much like mortgage brokers, 5-10 years ago, their reward is to get the deal done and hand it off. So what gets presented to the board on a PowerPoint slide as a "high-temperature biological sample containment and storage system" ends up being a flaming bag of dog poo. And the person who put together the PP deck gets a bonus for doing the deal.

It's not how smart they are

It's not how smart they are but their intent. Do you think they actively buy competitors with the intent of dismantling the aquisition if it does not add immediately to the bottom line...

If they were so wise to buy

If they were so wise to buy their competition... Are you kidding yourself, they are now buying useless products !

1- Solid
2- Ion Torrent
3- Bio Trove

That's about 1,2 billion of mud (maybe I shouldn't count Biotrove, it was going under anyways, that crap never worked and never will).

I've mentioned this before

I've mentioned this before but another dimension on this issue is how many of these acquisitions were for products and pipelines that were already or potentially competitive. Then after IVGN couldn't get them to work, or decided to focus on other alternatives, or just because they were satisfied that they had taken out yet another competitor, they put it on the shelf, shyte-canned some more people and looked for the next "opportunity."

Does that sound like anti-trust violations to anyone else?

I am kind of curious, what

I am kind of curious, what happens to MS now that he clearly made some terrible decisions with Ion Torrent ?

And the larger question of where Lucifer and the BoD have been it this mess. GL has a long history of failure to deliver ROI on M&A. Failures on ROI on ABI and Ion Torrent should be viewed as terminal to his tenure.

Who is JT?

Who is JT?

Cognitive dissonance of

Cognitive dissonance of course

We are just happy to be

We are just happy to be dissociated from that disaster called Invitrogen-management.

I am kind of curious, what happens to Mark Stevenson now that he clearly made some terrible decisions with Ion Torrent ?

Can anyone shed light on JT's

Can anyone shed light on JT's impact on sales for the sequencing team?

Not sure whom you are talking

Not sure whom you are talking to. I have had some recent posts I thought you were addressing but never said anything about Solid. FWIW, I think the person who said "It's not as bad as you've heard," was being sarcastic.

but, what do I know? Not much

but, what do I know?

Not much it appears.

I don't think so. but I

I don't think so.

but I digress...
you were saying the SOLiD isn't as bad as we have heard? please enlighten the whole scientific community, because I heard SOLiD sucks so bad that its now called the 5500. I have also heard that SOLiD sucks so bad that they are sold in pairs. SOLiD sucks so bad that only a few were ever sold, and the majority that were 'acquired' or 'placed' were sent right back. I also heard that SOLiD sucks so bad that they have to add a safe-harbor statement to each press release because they are fictional.

but, what do I know?

"what you have just said is

"what you have just said is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this thread is now dumber for reading it"

Now just because you can't comprehend something doesn't mean it's incomprehensible. Funny how reactionary stooges are so blithe to reveal the limits of their intellect.

'SOLiD, it's not as bad as

'SOLiD, it's not as bad as you have heard'

what you have just said is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this thread is now dumber for reading it.

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