Biotech Valuation Message Board

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Biotech / Medical : Biotech Valuation

CRSP 56.51

-2.4%

3:59 PM EST

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To: johnsto1 who wrote (1495)	8/28/2000 9:21:03 AM
From: Biomaven	Read Replies (1) of 52153

As it happens I own a little LEXG, so I don't disagree with you that it's an interesting stock. (And certainly trading up in after-hours is a good indication of things to come, although one you can't really take advantage of.) I just want to keep this thread value-related rather than technical-trading related. If you look back in this thread in the January-early March period you'll find plenty of posts concerned about the frenzy. Nobody can predict when a frenzy will turn, but my consistent advice was to enjoy it while it lasted, but realize that at some point it would end. You will also see I was a consistent seller in this period, although I did underestimate the severity and quickness of the downturn and certainly did not predict its timing. Peter

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