Biotech Valuation Message Board

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Biotech / Medical : Biotech Valuation

CRSP 56.61

-0.6%

Nov 6 3:59 PM EST

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To: Larry Liebman who wrote (515)	1/20/2000 12:59:00 AM
From: enervestor	Read Replies (1) of 52153

Hi guys! Just discovered this thread thanks to George. I've been invested in biotech for several years. Until about six months ago, I owned way too much biotech, now I don't own nearly enough! I get "sticker shock" now every time I look at some of the stocks I had been putting off buying, waiting until they were further along in trials. Since they hadn't done anything but go down for two years, why get in a hurry about buying them? Now the question is whether this move is for real and how long will it last? I can't believe that all this new money investing in biotech has experienced the frustrations that go with biotech investing and wonder how much will still be around for the long haul. Still I kick myself every day now for not being smart enough to see this coming in time to get all my favorites when they were dirt cheap.

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