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Biotech / Medical : Biotech Valuation
CRSP 55.71-2.9%10:09 AM EST
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To: Biomaven who wrote (5514)1/22/2002 10:38:46 AM
From: michael97123   of 52153
 
Thank you Peter. There is a big difference however between a drug that works modestly well and one that is a blockbuster. Thats what the fudging may have been intended to resolve. My reference to enron related more to company management. Is there any doubt that the Waksals would have been shredding also if they had run enron? After watching specific tech stocks that i owned implode last year, i have little doubt that imcl could wind up in high single digits before this ends. Good luck to all. mike
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