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Biotech / Medical : Millennium Pharmaceuticals, Inc. (MLNM)
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To: icanpickem who started this subject8/11/2000 1:58:46 PM
From: 10K a day  Read Replies (2) of 3044
 
I think foreign investors buying this sector are totally out to lunch. I think the state of the Medical Profession, Big Drug companies, HMO's, Medicare Politics, and other factors make this a horrific investment going forward. It's absolutely awful. It encompasses the worst of the worst and the abuses of the entire system in a nutshell.

The fat is going to be squeezed horrifically out of the drug companies going forward because of the system abuses. The doctors already got slammed and they are pissed. Medicare patients are being dropped by the millions by some of the HMO's. The AARP's of the world are just starting to get their act together to fight the FAT and pricing abuses of the drug companies.

The Start-Up Biotechs will eventually suffer from all of this. This is not Socialized medicine. This is not Canada or Europe. This is the United states where many in the medical profession are mad as hell because they have had their profession ripped out of their hands by the Government and the big Insurance companies.

The corporate money may slosh around in this sector for a time but as the Soldiers fall one by one the money will dry up and the people will refuse to buy paper. I don't mean to be so cryptic sometimes but this is Way out of alignment with the rest of the system. This is Beyond Planet mars what we are dealing with here. This is abuse of the system gone to an extreme. I apologize for being so frank and sure. Go ahead, run this stock to the moon for all i care. It's not about that. It's not about me. It's about the system and some people winning at the expense of other people. So i say, Congratulations and have a good day.
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