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Biotech / Medical : Cell Genesys (CEGE)
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To: Bosco who wrote (872)4/10/2000 2:39:00 PM
From: tuck  Read Replies (1) of 1298
 
Bosco,

I see CEGE waiting a few months tops. I expect further downside in biotech stock prices before a possible sustained upside reversal in the late fall. In a few months CEGE should have some very good opportunities and I hope they're looking over potential candidates right now. Further, since they would then be perceived to be putting their cash to good, non-dilutive use, it should help the stock price in the intermediate term. CEGE has already demonstrated a little aptitude for selling high, let's see if they can buy low.

Cheers, Tuck
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