lostmyshirt... Take a look at their 6 month chart comparison? If HLCS sells, at 116 MCAP now they're at least a duble maybe a 4 bagger from this level:http://finance.yahoo.com/q/ta?s=ILMN&t=6m&l=on&z=m&q=l&p=&a=&c=hlcs Full discloser. I'm 68K long in @ 1.33 since August and later. This is not a recommendation to buy, hold or short any equity but an opinion.
On the other hand, try looking at the comparison over a longer term, say the 5 year default button, or over any term longer than the early 2007 appearance of HLCS on the chart.
In fact you can probably trace the route of SL and other AFFX/ABI minions right accross the country in the HLCS trace - first the inflation from the "promises," then the reality. Well deserved plunge for both Cos.