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Biotech / Medical : Biotech Valuation
CRSP 56.68-2.4%3:59 PM EST

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To: scaram(o)uche who wrote (328)7/30/1999 10:48:00 PM
From: Vector1  Read Replies (1) of 52153
 
Rick,
The momentum investors are piling into MLMN. Its a hot stock and many of the more recent hedge fund buyers have no idea (nor do they care) what MLMN does. I must say it worries me a little and I am considering selling November 60 calls. I think there is less of the hot money moving the smaller caps. In the longer run those moves will be more sustainable.
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