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Pastimes : son of T/FIF
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To: nigel bates who wrote (552)2/9/2000 11:39:00 PM
From: Jim Oravetz   of 673
 
Genomics stocks: profiting from biotech

...Internet and genomics stocks share some similarities:
Many companies in both fields haven't yet made a dime
in profits. Even top-performing Franklin Biotechnology
Discovery Fund, which takes bets on risky, early-stage
biotech companies, shies away from most genomics
firms. "There's a very big gap between genetic data and
a successful drug," says manager Kurt von Emster.

usnews.com

Jim
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