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SNMX - (Senomyx Inc.)

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SNMX - (Senomyx Inc.) is a biotech company
engaged in the business of discovery and development
of flavors and flavor enhancers
for the packaged food and beverage industries

its customers are heavyweights in those industries:
Coca-Cola, Kraft, Campbell Soup

on June 5, 2007 SNMX shares soared 20% on the news that
Nestle will begin utilyzing a SNMX flavor ingredient

SNMX shares have now settled back below
the level prior to the Nestle news

I consider this to be a good buy oportunity in a company
which seems to developing rather nice products
for the major companies interested in such products

and consumer staple prducts have a reputation for
being able to weather economic downturns

Monday July 30, 2007 : 03:46 PM

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