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Biotech / Medical : ncss

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To: John Ritter who wrote ()6/30/1999 12:00:00 PM
From: john b  Read Replies (1) of 26
 
Anyone looking at this as a long term hold? Was just over reading the Yahoo thread (slaughter alley) and decided to attempt to return to some sanity!!

Been down this road before with almost everything I have held bouncing back with a little patience. Oil sector while not analogous business wise bounced back and has served me quite well. Only holding 1,000 shares @ 5 5/8 so feel fortunate as to have avoided the recent downturn

My biggest concern is the Government!! Uncle Sugar and health care can be a dangerous combination, witness the V.A. Medical system. I know they are my health care provider. (Vietnam 67-68). So can the Feds and private industry work in tandem or is the pricing routine the kiss of death for this industry from an investors viewpoint?

Regards
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