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Pastimes : son of T/FIF
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To: nigel bates who wrote (511)2/2/2000 5:37:00 PM
From: scaram(o)uche  Read Replies (1) of 673
 
Nigel/biowa/all:

Well, I guess we could do the obvious and make up a list of companies that are very much undervalued on a relative basis.

Never seen such a huge whacko factor in a sector that's seen a lot of whacko factors.

SQNM point is humorous, but.... seriously.... look at the components of "dry powder" and what they did today. Amazing.... a balanced portfolio with 15 components, up 10% on the day.

15 of 15 undervalued on a relative basis.

<vbg>

For those new to SI biotech.... "dry powder" is a minimally maintained portfolio that thread contributors established 4/1/99. There have been a couple of trades, but it's largely been buy and hold stuff. No margin, all purchases at actual "ask" quotes, commissions according to Brown and Company, established with $100K basis. Currently up 281%.

And performing really lousy relative to "blind squirrel".

<g>

Rick
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