Biotech vs. Shorts Message Board

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Biotech / Medical : Biotech vs. Shorts

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To: scaram(o)uche who wrote (47)	7/27/1999 2:01:00 PM
From: LLCF	Read Replies (2) of 427

I thought this was a great piece to get the shorts excited about their positions in small biotech. Its was found in the 'header' of the TM BIOSCIENCE CORP's SI link: Subject 15945 <By Mr. Don MacAdam; President & CEO TM Bioscience Corporation; TMC.V Any one of the top 100 drugs represents sales of more than one million dollars per day. There are new drugs on the horizon which will put every one of these top 100 drugs at risk of obsolescence. In the near future, new, more efficacious medicines will take over existing markets worth tens of billions of dollars. Where will these new drugs come from? The top twenty pharmaceutical companies are together working on only a few hundred new drugs, but the two thousand biotech companies are working on perhaps five thousand new drugs. Its a numbers game. The medicines of tomorrow are being discovered by smaller companies. And, the medicines of tomorrow will be worth a great deal of money. Therefore, I state the following as a fact: in the near future, some biotech companies, and their investors, will do very well.> Keep shorting guys and gals!!!!! DAK

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