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Biotech / Medical : Biotech for less than a buck.

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To: Smart_Money who wrote (485)	3/14/2000 8:41:00 PM
From: RWReeves	Read Replies (1) of 743

SW update. Sky is not falling-only appears that way. SW sells NOTHING and uses the opportunity to buy: MAGN and KDUS plus some more Canuck stuff. Really good values up there eh? Scoreboard: SW dips below a megabuck, off 10% on the day. Still, only 4 of 54 stocks showing a loss from original position, with an average loss of 18%. This compares to some of the whopping great returns already made (total return +872%). I can live with that, but would like to do better. Former LTAB stocks outside of SW range but reasonably decent values include IMMU, NERX and BIOM which should have good news on a regular basis. Given the pop NERX had for curing tumors in mice these should be good. CLL also dropped a bit, my favorite pipeline for immunotherapeutics. ALRXF was WAY up today before the close, sold a little to raise cash for bargain hunting. Is ARIA getting to be a buy again? Hmmmmm... Should buy some MLNM and the like at these prices? Might look at that but lots of fun here in the biotech pits. Not everything down, QQQQ, mentioned last week, spikes up 25% today. RWR

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