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Strategies & Market Trends : Sharck Soup
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To: Wes Stevens who wrote (22535)5/12/2001 12:25:41 PM
From: besttrader   of 37746
 
Yeh, but PDLI's growth rate does not even come CLOSE to what that P/E is. It is TOTALLY out of whack.
I have seen a lot of other biotechs trade the same way,
like DNA with a P/E of 652, and IDEC with a P/E of 103.
Most of the others just have N/A. The biotech bubble
is the biggest joke of all. It's the biggest gamble of
all. One of the companies might find some great
discovery in 5 years, but if the price keeps going up,
then the P/E will be 100,000! The discovery will NEVER
match up to THAT kind of a P/E!
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