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Biotech / Medical : Tri Valley Calpine Corp. (CPN) was MDCC
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To: Charles R. Peluso MD who wrote (4)8/18/1997 2:01:00 PM
From: James Perry   of 16
 
Thanks for the effort, nonetheless. I like the stock well enough on the basis of performance that I put a buy in, even though I know less than I would like. Trying to get it at 18, and we will see if it fills. It was mentioned by someone on this thread that the technology of the firm could be very valuable, and where biotech stocks are concerned, I have had pretty good luck buying not on the basis of earnings but because of belief that the technology was sound. Of course, Wall Street looks almost entirely at earnings. So when I can find good technology with apparent potential for future earnings, I can hope that the earnings will come and Wall Street will put a realistic price on them. I hope that the technology here proves good.
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