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Biotech / Medical : Biotech Valuation

CRSP 56.68

-2.4%

Dec 12 9:30 AM EST

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To: Robohogs who wrote (14225)	11/19/2004 7:44:14 PM
From: Arthur Radley	of 52153

OT: Jonathan, I agree with you 100% and Raymond is a full blown idiot. The government shouldn't mess with companies as to how they try to run their business. That is as long as you exclude: 1)Saving and Loan Companies...That debacle cost WE taxpayers a few billion. 2)Wall Street Brokerage Firms and their Analyst...What was their mantra? To their brokers..."Put some lipstick on this pig and sell those shares." To their customers(you and me).."These companies are fantastic and the shares you buy will make you rich." (Enron, Worldcom, HealthSouth, etc.)The government has no right stopping this activity..it is just plain un-American to hold a man to his word about the merits of a company and their stock. Who gives a rip if your mother, father, grandparents lose their retirement..just as long as you bought Global Crossing! 3)Mutual Funds Companies...Take that little investor's money, but let our rich friends and we insiders make the real killing by trading after hours. Why should the government try and stop such a sweet deal for some citizens of our country. After all this isn't Cuba! 4)Insurance Companies...Let's screw our clients and tell them it is the fault that the little guy is getting sick is the reason their insurance plans are costing them so much money. Wink! Wink!!! You are damn right! Government should stay out of our lives...period! You just can't trust the government. Merely look at today's news and our national debt. In the past four years we have incurred more debt than was incurred from our founding in 1776 to 1986. Anyone that can beat a 110 old record in only four years has no "business" trying to tell a drug industry how to run their business.

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