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Biotech / Medical : Biotech vs. Shorts

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To: Mark L. who wrote (100)8/4/1999 1:05:00 AM
From: scaram(o)uche   of 427
 
Traditionally, it's rising tide stuff for biotech rallies.... the crud often rises with the good science/business plan companies. Shorting on the basis of fundamentals can therefore sting you during a rally.

For long-term, fundamental shorts, you clearly want the subset of companies where the research premiums are large but science and/or management is wanting. I don't think that too many board veterans will give you a list. Back in the misc.invest.stocks days, I would occasionally lend criticism, where it was due, for an issue where I had no vested interest. I've done it a few times here too, but not lately. It often means stalkers and threats.

For the correct incentive, I'll provide you with a list of 10 companies that will, collectively, significantly underperform the sector for the next five years.
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