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Biotech / Medical : Biotechnology Value Fund, L.P.
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To: LLCF who wrote (722)6/17/1999 12:39:00 AM
From: aknahowRead Replies (1) of 4974
 
DAK, slight as in minor, lessor, minimal. I think the buyouts will come and mainly from the big pharmas buying up those biotechs they find attractive. PNU does not seem to be done and its' move will force others to move faster. But remember when energy stocks were hot during the first oil crisis, way back when, they bought all kinds of copper, coal and any other resource companies. In the end they disposed many of these purchases. I just think that high priced or overpriced paper makes it possible to do more faster. In no way do I think the merger trend will be derailed. And guess what, there will be no way to prove which of us is right. I was making a very minor point.
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