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Biotech / Medical : Biotech Valuation
CRSP 53.47+0.3%Nov 28 9:30 AM EST

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To: Biomaven who wrote (779)3/9/2000 11:33:00 PM
From: RWReeves  Read Replies (2) of 52153
 
Not just pharma, hightech in general. NASDAQ makes a new high (without us, for the most part.) I have been pre-loading in calls on pharma and started by putting wife's money into pharma in her IRA (JNJ, MRK, GLX, LLY). But I think the move to pharma is in general a sign of (at least in the past) a flight to conservative positions in market weakness. Sorry to see ELN continue downward, would be a sign of money that appreciates the presence of biotech in a pipeline although our SIBI is still in that MRK beast somewhere.

AZA is a good choice, probably a bride in waiting.

RWR
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