Biotech Valuation Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Biotech Valuation

CRSP 53.85

-4.5%

Jan 9 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Torben Noerup Nielsen who wrote (679)	2/21/2000 11:17:00 AM
From: biowa	of 52153

TNN, Can I suggest something like "<Cato paraphase>" would now be sufficient? You're hogging bandwidth <g>. Back on thread, if we look at the amplitude of each bio "boomlet" over the last decade, they keep increasing (and yielding on the order of 10-20% annualized peak-to-peak, somebody check the math PLEASE). Therefore with the long-term prospective, IMO the sector will not lose you money at these prices over the long-haul. Individual results will vary. Therefore IMHO you should choose your exit targets with an eye towards optimizing your cash hoard for the correction, not a fear of losing money in the long-haul. In other words, I may wait for MLNM to get to 600 <g>. BTW, this is not intended as an endorsement of some of the valuations in this sector - I'm already on record as saying they're fundamentally unsupportable. But sector isn't trading on fundamentals right now and I don't want to sell my shares to some newcomer who resells them 3-5x north of here (I'll only let them have the last 25% <g>). Isn't it fun to be having this debate rather than, "Why can't biotech get respect?" biowa

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next