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Biotech / Medical : Neurocrine Biosciences (NBIX)
NBIX 143.25+0.9%Nov 4 3:59 PM EST

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To: aknahow who wrote (555)3/25/2000 8:40:00 AM
From: tom pope  Read Replies (1) of 1834
 
Couldn't agree more. There's a heavy dose of "other things being equal" in this sort of analysis, and the reason to invest in this sector is because we expect that for certain companies, they'll turn out not to be. And somewhere in the underlying company specific spreadsheet there seems to be a confusion between cash flow and earnings.(Unless I misread that part, always very possible.)
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