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Biotech / Medical : Biotech Valuation
CRSP 55.84+1.8%Dec 19 9:30 AM EST

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To: johnsto1 who wrote (1452)8/22/2000 5:39:46 PM
From: Biomaven  Read Replies (1) of 52153
 
Well a gushing TSC report on NTII sent the stock surging. Of course this was old news, some of it reported a time back on this thread:

Message 14040330

Most of my NTII holdings come from when they first announced the deal with Merz (with the stock around $1.00) that made it clear they would survive as a going concern.

Here are some of my earlier posts on it:

Message 3485590

Message 4126415

The moral here is that you need some conviction, patience and luck when dealing with this sort of stock. I just bought it in fairly small amounts (although with today's surge NTII has made it to a top-10 holding for me). Rick of course does it with considerably more conviction when he likes one of these forgotten stocks, but I don't ever have the stomach for a major bet.

Peter
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