Actually, research conducted by Dean Hamer, Bailey, McKnight, and Malcolm revealed the presence of distinctive alleles and autosomal markers on the Xq28, 7q36, 8p12, and 10q26 genes of homosexual men. It's possible that one of those genes is the "gay gene". Further research will tell the tale.
Here is an abstract from another article:
Male Homosexuality: Absence of Linkage to Microsatellite Markers at Xq28
George Rice, 1* Carol Anderson, 1 Neil Risch, 2 George Ebers 1
Several lines of evidence have implicated genetic factors in homosexuality. The most compelling observation has been the report of genetic linkage of male homosexuality to microsatellite markers on the X chromosome. This observation warranted further study and confirmation. Sharing of alleles at position Xq28 was studied in 52 gay male sibling pairs from Canadian families. Four markers at Xq28 were analyzed (DXS1113, BGN, Factor 8, and DXS1108). Allele and haplotype sharing for these markers was not increased over expectation. These results do not support an X-linked gene underlying male homosexuality.