Isn't it a good opportunity to set up a paired trading: short PACB and long GNOM ?
PACB is up a whopping 28% while GNOM is down 8% (I have never seen such a disparity before); PACB is burning 2X more cash than GNOM; PACB is trying to sell big-ticket machines in hard time, competing head-to-head with ILMN, while GNOM has a lighter, internet-based solution.
Completly different business models. You make it sound as if GNOM has a software or cloud method of sequencing, what you call "internet based solution."
Inside that solution there is a piece of HARDWARE that does the sequencing. PACB builds HARDWARE---maybe one day GNOM will end up using PACB equipment.
Maybe one day PACB will be the defacto standard for gene sequencing equipment ? No one can predict the future for this technology with any certainty. We're all just taking a GOOD GUESS and placing our bets.
Who would have thought that Apple would come back from near death to be where they are today ??