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Biotech / Medical : 2000-Year of the Biotechs!

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To: Micawber who wrote (1119)11/27/2000 11:45:55 AM
From: Arthur Radley   of 1142
 
Brian,
If I had a nickel for each time McCamant or Murphy touted their list of biotechs...I would be rich!
My reason for even mentioning his comments this morning was because of the negative tone he set for biotechs in general. He commented that with the major conferences coming up within the next few weeks, that we could get a nice ride...but after that it would be only companies with earnings or near-term earnings that would do well in 2001. He mentioned ISIP and LGND(actually he was cut-off just as he mentioned LGND and didn't get to make his case for the stock)and the others as ones having near term approvals.
It appears that LGND has already had it's bounce this morning and is now flat for the today...so what else is new!
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