The analysts are beginning to sound like me. I’m kidding but after the conference call yesterday, I was excited to think of what may happen. I think collaborations are now very probable. I think we will see a couple. I predict the biggest will be 2931. If 1031 is partnered, I think it will be a HUGE deal. Based on what I heard yesterday, I would think a deal with 1031 would come later in the year. It could be earlier but that’s what I’m thinking now. I also think it will be 2931… Maybe 1031 but not both.

I also think a second collaboration is in the works. Several options seem to be available. From the question and answer session, it also appears we may be able to read about a compound(s) in a scientific journal this year.

Cash utilization (including new collaborations) in 2007 is predicted to be in the 20-25 million range. This is a very important as far as I am concerned.

I have thought for some time that 2008 would be the break out year but indeed it may be 2007.

It always has been about technology. If we get validation, Lexg could be bigger than any of us could imagine. The pipeline may be viewed in a different light. I have always thought they could be a 3 billion dollar company but now I’m of the opinion it could be bigger. Time will tell.

This is what makes investing fun. I wish I could afford more.

Good Luck.

IMHO,

CD

P.S. IZ, I get the feeling management thinks 1031/1032 is the real deal!