T/FIF, a New Plateau Message Board

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Biotech / Medical : T/FIF, a New Plateau

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To: nigel bates who wrote (183)	7/12/2000 10:20:14 PM
From: John Metcalf	Read Replies (1) of 2243

{BTRN, GLIA, and NBSC} stomping around with heavy boots.... OK with me; I own two of them-:) It's interesting that GLIA volume is strong in aggregate, but represents a lot of small trades. Value Line hit another high today, indicating strong interest in small product companies, and companies with near-term products. Apparently, it is small investors seeing this opportunity. AMEX Biotech Index is up 88% so far in 2000, vs. only 20% for Philly Pharma (which hit a high yesterday). In the background, NASD Composite is +1% in 2000, so you can see the reason for rotation into biotechs.

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