Biotech Valuation Message Board

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Biotech / Medical : Biotech Valuation

CRSP 55.15

+2.5%

3:59 PM EST

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To: A.J. Mullen who wrote (735)	2/29/2000 10:46:00 PM
From: jeffbas	of 52153

AJ, I agree that your strategy as a conservative approach to dealing with not being able to value some stocks. On the other hand, I have a truly significant amount of money in XICO, know the semiconductor industry pretty well, and know exactly where I would start feeling uncomfortable. Rather than using your approach, I was hoping there would be folks around who know the biotech industry well and could advise what valuation would be ludicrous for GZMO relative to the most similar peers.

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