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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: Vector1 who wrote (2324)	9/8/1997 10:38:00 PM
From: Andrew H	of 9719

Fortunately, I don't subscribe to CTSL anymore, but I'm still into trashing Murph. (:>) As soon as I heard his market correction prediction, I knew we were safe for the next couple of months. >>I told him the other day that he has predicted 22 of the last 3 recessions.<< ROFL >>Murph also suggested not buying LGND at current prices. Hard to understand when he has a target of 100 for the stock.<< Murphy's targets on bios are just a laugh. Even funnier, he keeps pushing them forward a year or two, every couple of years, so IMO they have absolutely no credibility. However, he does come up with a number of interesting companies and his publication is probably a good source to begin research on a company. But anyone who is not a seasoned veteran should stay away. Can't imagine what his thinking is regarding LGND. The diabetes deal, unless significantly postponed, should be a killer. Not to mention the targretin clinicals for cancer.

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