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Biotech / Medical : Biotech Valuation
CRSP 57.68+1.4%10:40 AM EST

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To: Biomaven who wrote (1034)4/29/2000 3:43:00 PM
From: RWReeves  Read Replies (1) of 52153
 
<Maybe that's because biotechs
are super risky and super high-tech and are therefore that much more attractive to some momentum investors>.

The high-tech part perhaps, since many biotechs seem to trade at the NPV of the possible news articles about them.

Nice day in the Badlands for a change.

RWR
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