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Biotech / Medical : Biotech for less than a buck.
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To: RWReeves who wrote (591)7/25/2000 11:39:33 AM
From: Mike McFarland  Read Replies (1) of 743
 
VPHM did nicely for the bottomfishers, but it
has given some back, falling from nearly $22 to
$18 in just the past few days. It might be worth
nibbling again. After a false start in GNLB, I
started a small position just under $4, but the
early SI thread really poo poos the prospects for
the Lupis drug, and seems not a lot better than
placebo--I bought a few shares on a longer term
speculation for their antiviral. Urban crows and
West Nile--only a matter of time GNLB spikes on
some sort of media attention perhaps? Very small
position, more DD required.

I like cash here too, BTK looks just awful, so
I have the wife at more than half cash. I'm averaging
around 15% cash, but would like to be around a third,
and a whole mess of mental stops will put me there in
short order. March/April conditioned me for this,
what can you do--twice shy.
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