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Biotech / Medical : Biotech Valuation
CRSP 50.19+1.8%Nov 21 9:30 AM EST

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To: biowa who wrote (937)4/13/2000 12:49:00 PM
From: scaram(o)uche  Read Replies (1) of 52153
 
>> BTW, no one held the analysts accountable for telling the biotechs they had no choice but to be acquired either did they? <<

Actually, I think that they did. At least one RS analyst is gone, King isn't. Know what you mean, however.

>> Of course, LT the next rally will come along and we should look to buying stocks that we don't mind holding for two or three years to get a 40% apr. <<

Was just telling some friends.... all of a sudden, out of nowhere, I've made a transition from cash, long-term holds, and frantic trading to a "go on vacation" portfolio.
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