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Biotech / Medical : QDEL - Quidel more quick diagnosis

QDEL 27.10

-2.2%

Nov 4 3:59 PM EST

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To: Bill Ounce who wrote (1648)	2/18/2000 10:41:00 AM
From: Bill Ounce	Read Replies (1) of 1693

USA Today: Aging boomers sweeten biotech Nice to be running with the trend for a change. usatoday.com Someday, scientists may be able to create self-clipping poodles and lobsters the size of helicopters. But is that reason enough to invest in biotechnology? Not really. There are far better reasons. The best: There are 78 million baby boomers who aren't getting any younger -- and who will need health care. Health and biotech funds are up a blistering 17.1% this year, vs. 1.2% for the average diversified stock fund. Most of the move has been from small biotech companies, not giant pharmaceutical companies. Merck, for example, has fallen 17% the past three months, vs. a feverish 97% gain for the American Stock Exchange Biotech Index. Why the run-up in biotech? [...]"Tech investors are discovering that biotechnology stocks are undervalued," says Andy Summers, biotech analyst at Invesco. [...]

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