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Biotech / Medical : Biotech Valuation

CRSP 56.71

+0.4%

9:30 AM EST

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To: biowa who wrote (1276)	6/29/2000 12:15:00 PM
From: Biomaven	Read Replies (2) of 52153

biowa, Your point illustrates why trying to use possible munches as an investment strategy sucks. Too many factors go into whether a merger gets consummated to make specific predictions anything more than fun and games. However, I had all but settled on LKST as my pick of the object of MLNM's attentions when that deal was announced - before I bought any LKST, of course. Illustrates that one can sometimes successfully predict a munch. All I got for my trouble that time though was that my MNLNM shares tanked (for a while) after the deal was announced. <g> Peter

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