Amidst the ashes of the dot coms, one ember of the computing economy remains red hot: bioinformatics. The potential of the field-which brings the combined power of computers and biological data to bear on problems ranging from agriculture to drug discovery-is so great that otherwise technology-wary investors are continuing to back new startups, and deals in the area are taking off. One catch: a deficit of qualified people with the right blend of skills in computer science and molecular biology to staff the booming business.

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