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

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To: Vector1 who wrote (3802)12/30/1997 4:31:00 PM
From: Andrew H  Read Replies (1) of 9719
 
V1, well the glow has certainly left the biotechs as evidenced by the inactivity on the thread, not to mention the margin call on the MP. ^IXB up nearly 1% today, less than the other major indices, but not bad. I think you are right. For those with money left to spend, its bargain hunting time. Lots of good cheap biotechs available.

With any luck, the biotechs should rally into the H and Q conference and after. We now have the excitement of a New Year and a rising market. If the Asian contagion has little effect on this Qs earnings in general, we may see a nice rally.

Happy New Year to ALL!!!!!!!!!!!!!!!!!!!!
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