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Biotech / Medical : QLT PhotoTherapeutics (QLTI)
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To: Edward W. Richmond who wrote (1014)10/4/2000 2:46:22 PM
From: Ian@SI  Read Replies (1) of 1321
 
Ed,

There will probably be market jitters until the election is over and done with.

One has to remember what a buying opportunity was presented in the pharmaceuticals prior to Clinton being elected to his first term. Anyone who bought when the fear of price controls was greatest made out like a bandit.

I doubt that the market will present the same degree of bargains across the board, but when individual companies with outstanding prospects are unreasonably sold off, it's almost one's duty to take a little of that money that's being left on the table. ;^)

From where I sit, I'd have to guess that your Mar 60s are as good as money in the bank. but this market does have a habit of defying logic or reason from time to time.

Best wishes,
Ian.
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