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Biotech / Medical : Biotechnology Value Fund, L.P.

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To: scaram(o)uche who wrote (1512)3/7/2000 9:18:00 AM
From: scaram(o)uche of 4974
 
biz.yahoo.com

(snip)

"It's the Celera effect," says Stefan Loran, analyst with Legg Mason Wood Walker in Baltimore who has no formal rating on
the stock. "Everyone and [his] brother is trying to go public."

"There's a real frenzy to raise money," adds Glyn O. Edwards, chief executive of Antisoma , a British biotechnology company
that listed on the London Stock Exchange last year. "They are trying to raise as much as they can to ride them out through the
rest of the cycle."


(snip)

It's so darn easy to call it the CRA effect. Whatever, it's here.

<g>
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