Biotech for less than a buck. Message Board

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Biotech / Medical : Biotech for less than a buck.

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To: biowa who wrote (344)	1/21/2000 4:44:00 PM
From: Mike McFarland	Read Replies (2) of 743

Did you see Gene Logic today, now has a marketcap of 1 1/4 Billion, my gosh, what a market. Well, I guess my Genset will finally be up to a billion US dollars next week--and Axys did nicely today, but clearly this is more of a momentum situation, with the herd stampeding into relatively few issues--I see that Celera was up another forty bucks, just under a 7B marketcap. I am trying to remember what changed late last fall when GLGC was a seven dollar stock and hardly anybody followed it, boy, there is something to being in the right place at the right time--sort of like walking away from a Yellowstone geyser and hearing it erupt behind you. I think it is safe to say that the activation energy is very low for upward moves in biotech shareprices. (I've been waiting to use that line for awhile-- techstocks.com

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