Small Cap Foreign Biotech Message Board

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Biotech / Medical : Small Cap Foreign Biotech

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To: nigel bates who wrote (38)	2/29/2000 10:18:00 PM
From: A.J. Mullen	Read Replies (1) of 363

Nigel, The fund looks interesting. Do you have a web address for them? A couple of cautions though with respect to the discount to market. Firstly, with the current biotech market, 15% discount is less than the genomic sector can change in one day. The difference in valuations could be due to calculating prices at the close of business in London or in New York. Secondly, when (if) the biotech market goes sour, the discount is likely to get bigger.

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