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Biotech / Medical : Biotech Valuation
CRSP 56.27-0.7%3:59 PM EST
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To: Biomaven who wrote (10147)1/26/2004 4:59:39 PM
From: scaram(o)uche   of 52153
 
>> One indicator to focus on is whether you see weakness or strength after a follow-on offering is priced. <<

That one has really emerged as an indicator of how much speculative cash is out and how brave the hands are behind it. I agree. If it's strength, it's dart board.
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