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Biotech / Medical : Biotech Valuation

CRSP 63.99

+4.7%

Oct 31 9:30 AM EST

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To: David Howe who wrote (260)	7/2/1999 3:23:00 PM
From: LLCF	Read Replies (2) of 52153

GZSP- <Looks interesting and cheap> Sure does... the only experiece I've had with these types is CSON, which constatly traded below cash value (BSX-stock) WITH a product being approved. I picked up a smidge today, I hear I'm in good company :)... That said, it seems to me there is brutal competition in the industry and I don't know enough to know if they've got a good niche developing or a bunch of "also rans". I'll have a better idea of MY opinion in a week or so, meanwhile hopefully we get a discussion going. Rick think Seprafilm going to be a thorn in GLIA's side? DAK

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