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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: Vector1 who wrote (6882)	7/18/1999 10:58:00 AM
From: Mike McFarland	Read Replies (1) of 9719

I would stay away from the combinatorial companies as they add much less value to pharma Would you put Aurora in that category...after all, it is in the model portfolio... Quite a romp the past couple trading sessions--432k shares on Friday, wow. It is such a hot market you cannot know if this is because of the earnings estimates...a munch factor, or just daytraders piling on. I said: the folks who bid up stocks on hype are not piling into the model portfolio--I changed my mind...and if daytraders want to come in to the sector and help bid things up to more reasonable valuations, I will not complain.

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