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Biotech / Medical : Biospherics - BINC - The explosion is near!!

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To: Carolyn who wrote (54)4/23/2000 12:29:00 PM
From: Art Bechhoefer  Read Replies (1) of 94
 
The recent drop in price is in line with the biotech sector in general. Fluctuations of this sort are normal and expected in these stocks. The whole group may be considered speculative, with BINC a bit less speculative than many others because it already received approval for the safety of one of its key products. With the whole group down dramatically over the last month or so, I would anticipate an average gain in stock price of two to three times present levels, with the assumption that investor interest in small biotech companies does not collapse for the remainder of the year.

Art
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