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Biotech / Medical : British Biotech (BBIOY)
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To: Philip H. Lee who wrote ()6/4/1996 2:22:00 PM
From:    of 41
 
To all concerning Brit Bio. The general feel in the UK is that British Biotech may be overvalued, especially compared to US biotechs.
Current market capitalisation of British Biotech is equivalent to the value of Railtrack - the entire UK railway network recently privatised by the UK Government
Vanguard Medica is a UK biotech that I feel is undervalued at present, placed at 450p, now 615 with a market cap of £152.
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