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Strategies & Market Trends : Three Amigos Stock Thread

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To: JoeinIowa who wrote (23212)	1/1/2001 11:40:28 AM
From: Ken W	Read Replies (2) of 29382

Joe: Looks like you and I are the only ones up this morning. <GG> GNVC: Lowered their IPO offering price, and then still came public below the offer range. I got a special kick out of it hitting a 52 week low and high within 3 days of each other. ROE is very good. ROE is outstanding, but price to sales is a little high. I realize this is an IPO and in the speculation area of biotech, but for the most part I think Biotech is run its course from the Genome craze. Much like the Inut craze of 98 thru 2000, the time for consolidation and bankrupt court is here. I do like it for a quick trade though if the Swami says so. (who is the swami anyway??) Ken

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