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Biotech / Medical : Biotech Valuation

CRSP 54.94

-0.3%

11:08 AM EST

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To: rkrw who wrote (859)	3/17/2000 8:43:00 AM
From: Jim Oravetz	Read Replies (2) of 52153

LIKE MOST DOCTORS, Dr. Faraz Naqvi carries a pager. But rather than alerting him about a patient's status or a shift change at the hospital, Naqvi's pager is more likely to flash stock data relevant to the two mutual funds he runs ? Dresdner RCM Biotechnology (DRBNX) and Dresdner RCM Global Health Care (DGHCX). .... 'European valuations aren't nearly as large as the U.S., and we think the fund flows are eventually going to be aimed there,' observes Naqvi. One new holding is Cell Tech (EFLI), which Naqvi calls the British Amgen. Cell Tech is developing a new class of drugs due out in the next few years that will do things like fight leukemia and colon cancer. Naqvi has also recently added the German Qiagen (QGENF), another company that makes biotech-related research tools. snip... smartmoney.com Jim

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