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Biotech / Medical : Cell Genesys (CEGE)

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To: GregS who wrote (758)3/11/2000 10:24:00 PM
From: Bosco  Read Replies (2) of 1298
 
Hi Greg - 1st, I agree with your bullish sentiment on CEGE. However, maybe you have missed the recent development

biz.yahoo.com

Regardless, I am not concerned. Those who invest in biotech should prepare for this kind of volatility. Allegedly, Buffett and Lynch have said, independent of each other, one should prepare to lose 50% if one invests in the stock market. I would say biotech is more - and, incidentally, I did! However, the reward is also greater.

Even without ABGX and cash position, CEGE is worth this much just for her dominance in AAV

best, Bosco
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