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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: Mike McFarland who wrote (2809)6/20/1999 5:03:00 PM
From: mauser96  Read Replies (1) of 54805
 
The reason many of us tend to avoid the biotechs is that they are a real crap shoot. The human body is so complex and it's reactions to drugs so unpredictable that even if you have a good background in this field it's hard to be early enough to make money. If something is really good, many of the scientists doing the studies will find a way to break the double blind code and invest before you. A government agency (FDA) can decide something negative and wipe out most of your investment overnight. We like gorillas on this thread because they are the opposite of biotech, they already have a competitive advantage that can be sustained many years. If anybody out there still wants to invest in one, check out Pharmacyclics (PCYC).The science behind this one is very good and innovative, and it's products will (if they work) address a large market. Since phototactivated porphorins somewhat similar to PCYC's products already exist in human disease states, we have some idea of their toxicity in advance. I have a small investment in it.
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