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Biotech / Medical : IDPH--Positive preliminary results for pivotal trial of ID

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To: Bill Harmond who wrote (758)4/26/1997 7:30:00 PM
From: I. Luttichuys   of 1762
 
Pretty much my sentiment as well, William. Also, he may get some funny looks recommending Idec after his firm sold some shares as they did. I think we will be waiting on him a bit until the timing is better.
Anyone want to start a discussion as to why the Biotech sector is looking so bad lately? Checking 12 month graphs on virtually every biotech I have or ever wanted to have, I see that there isn't much good news to be had. A great many biotechs went into a decline, and all of them started it within about 30 days of each other...
Any thoughts?
BENNETT
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