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Biotech / Medical : Biotech Valuation
CRSP 55.08-2.9%Dec 26 9:30 AM EST

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To: sim1 who wrote (1411)8/7/2000 4:27:28 PM
From: Biomaven  Read Replies (1) of 52153
 
I used to own both QTRN and MCDE a while back. I'm still tempted by QTRN - logically they should do well, but in practice they haven't.

I still own NTII, which was weak today, as well as part of some SKYE that I got from the DEPO deal. I'm going to be remain patient on these for now.

Other stocks in this category that I own include CDIC, CLTR and GZMO, all of which I'm hanging onto for now.

It's very hard to know when one should be bottom-fishing. Lots of old, dead dogs down there that will just stay and rot. Rick generally does this better than anyone I know. He's also willing to do it in size, whereas I tend to be much too chicken to do anything more than dip my toe in the water.

In the next post I'll show the biotechs and pharmas sorted by % in yearly range.

Peter
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