Biotech Short Candidates Message Board

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Biotech / Medical : Biotech Short Candidates

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To: tuck who wrote (7)	1/9/2001 1:52:49 PM
From: cyberman	Read Replies (3) of 897

Biotech shorts will win big in 2001 for a variety of reasons 1) Right now at arguably its biggest sector conference of the year J.P. Morgan Chase H&Q the sector can't generate any solid momentum 2) The sector ran up way too much in 2000 3) The economy is not in great shape 4) Momentum money is leaving this sector big-time My favorite short today is IMA - Check out the 150ish PE on that stock - looks a little high for my taste, plus the technical chart doesn't look too good either - So if it exceeds earnings the PE goes down to what 125??? Genomics stocks are also ripe, stay tuned

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