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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: Vector1 who wrote (8518)	1/6/2001 8:04:14 PM
From: Vector1	Read Replies (1) of 9719

VDers, About 4 months ago I remember having a conversation with some fellow threaders where I complained that there were no bargains. Well no one likes a bear market but that is what it takes to get great values. Warren Buffet has said that the stock market is the only place that people abhor sales. When you have money to spend and a long term view a sales is great and we are having one now. I am NOT saying the sector has hit bottom. I do not know and my hunch is that it will go lower. But you can never buy the bottom and now is a good time to start adding to postitions of select companies. My favorites now in no order are: CELG INCY LEXG CRXA CBST I am also carefully looking at the MAB companies PDLI,ABGX and MEDX which are dropping like a bowling ball going down a flight of steps. Large drops making a lot of noise along the way. V1

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