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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: LLCF who wrote (55273)	1/8/2001 11:25:43 PM
From: Spekulatius	Read Replies (1) of 436258

<< Anyone notice the Biotech Index down 6% on the first day of "H&Q Conference"?>> Many on this thread here compare the Biotech's with the Internet sector but i think this is off base. I do not have any doubt that the Biotech revolution is real and will turn into many products. Sure, some of the better known companies like HGSI or MLNM are still richly valued but some of them might become the pharma companies of the future. Many beaten down Biotech's represent excellent investment vehicles at current prices. os a market cap of 2.7B$ for a profitless VRTX really too much? Their pipeline beats most medium sized drug pipelines handily...

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