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Biotech / Medical : Biotech Momentum- Dr. Jekyll/Mr. Hyde

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To: LLCF who wrote (28)2/17/2000 9:26:00 AM
From: biowa  Read Replies (1) of 55
 
DAK,

Forever?

As unofficially ordained wet blanket (a much richer wet blanket than before yesterday, but a wet blanket none the less):

Everytime we ratchet up the MCap-o-meter like this, it makes it harder to get the same ROI - theoretically.

And, the number of sub sectors where the absolute mkt cap is beginning to strain at reality is growing rapidly - theoretically.

That said, the .com's ran (have run?) in this territory for several months, so maybe we can count on a similar reign?

FWIW,
biowa
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