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Biotech / Medical : Biotech vs. Shorts

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To: Biomaven who wrote (10)7/25/1999 3:22:00 PM
From: LLCF   of 427
 
Business Week this week has Sturart Weisbrod of "Merlin Biomed" saying in the first paragraph "Although biotech stocks show signs of rebounding, they're still no picknic, "I'm short a lot of them" says Weisbrod. He goes on to say how he still believes that the best investment plays are in the "orphan" and undiscovered biotechs. The best catches he says can be snared amoung biotechs with market caps of about 100 million with promising product pipelines and ample cash. [likes ARNX, BRCX]

The only short he listed was ENMD... it certainly wasn't a bash article... more like "it's dangerous out here, so you better hire me".

DAK
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