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Biotech / Medical : Neurogen (NRGN)

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To: Doc Bones who wrote (254)2/12/2000 3:27:00 PM
From: Jim Oravetz  Read Replies (3) of 523
 
Kind of OT, but doesn't seem odd that a Growth and Income fund would be sinking $45M into a biotech issue that has no earning? Without looking at their portfolio, maybe they have billions of $, and this amount is pocket change. What about following the investment style outlined in the prospectus? Do they disclose that they invest in this kind of company to the shareholders?

I'm glad I am now looking at companies myself, rather than mutuals. (except for 401k stuff).
Jim
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