Eric Schmidt, analyst at SG Cowen, predicts Ciphergen will eke out a slight profit in 2004.
FORBES: When The Bio Chips Are Down
Instead of looking at genes, Ciphergen's ProteinChip provides a way of looking at which proteins are present in the cell.
FORBES: Magazine Article
Some of Ho's colleagues doubt that he has the right protein, but if he does, that could give Ciphergen's prospects a boost by providing proof that its technology really does work.
Ciphergen is off 62% from its 52-week high.
Ciphergen's approach may already be bearing fruit.
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