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Biotech / Medical : Biotech Valuation
CRSP 55.11-2.6%Nov 7 9:30 AM EST

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To: Mike McFarland who wrote (2)2/24/1999 10:44:00 PM
From: LLCF  Read Replies (1) of 52153
 
<As I have accumulated what to me look like very cheap third tier biotech stocks, >

How long can these things underperform the market... I mean they go nowhere during the rally... then sell off more % wise than the market during the sell off!!! Look at REGN,AXPH,CTII,CEPH,CHIR,NBIX,PARS,BTRN.... how many others? Hell, when this internet thing ends badly and the markets down 2000 points we all better have a couple hundred thou lying around cause you'll be able to buy 5% stakes in some of these if you want 'em! Get your 1/8 bid in for a quartermillion of each! Some dope will sell it.

DAK
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