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Biotech / Medical : Biotech Valuation
CRSP 52.20-5.5%3:59 PM EST

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To: Biomaven who wrote (2641)1/22/2001 8:57:42 PM
From: tom pope  Read Replies (2) of 52153
 
GENZ certainly looked like the energizer bunny at the outset, but then..........
I think BGEN looks more solid, for now.
Actually, I wish I could figure out this market. So far, it still looks directionless overall, in spite of this relatively biotech strong day.
Have you read this one from TSC?
thestreet.com
It baffles me how anybody can assert "Biotech is vulnerable" without citing individual companies and their burn rates, their pipelines and their estimated time to FDA approval.
Have a fair % of cash, without the cojones to commit it.
Probably a buy signal.
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