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Biotech / Medical : Biotech Valuation
CRSP 57.02-0.6%3:59 PM EST
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To: Biomaven who wrote (10147)1/26/2004 5:19:57 PM
From: OldAIMGuy   of 52153
 
Hi Peter, Yes, the November lows have given, even in this index, a solid 16% gain in just a couple of months. I've been watching the total IPO activity relative to the issues outstanding. We're hovering right around 7000 issues being traded on the NYSE and the NASDAQ. It's been falling slowly for several years. We peaked at well over 9000 issues a few years ago.

My GENE has had a good few weeks. Others haven't done as well so far this year.

Best regards, Tom
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