FDA THRESHOLD: LOWER-RISK BIOTECH INVESTING Message Board

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Biotech / Medical : FDA THRESHOLD: LOWER-RISK BIOTECH INVESTING

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To: opalapril who wrote (24)	10/7/1999 9:57:00 PM
From: LLCF	of 75

<. (1) Wait out promising drugs through all the trials and then buy as fast as you can when FDA approval is awarded or seems assured (a strategy that worked very well for everybody watching PFE bringing Viagra to the FDA); > Oopss.. PFE is not a biotech... check out CEPH, CORR chars... the stocks 'tanked' after approval, could have loaded up on all you wanted and then made 100+% in less than a year! < (3) Buy solid companies with long-term prospects after they suffer some unexpected or unwarranted hit owing to a non-fundamental, short-term problem; > Agree here.... and don't forget the old.... buy a basket of these. DAK

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