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Biotech / Medical : Biotech Valuation
CRSP 56.38-9.0%Nov 4 3:59 PM EST
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To: Doc Bones who wrote (2821)2/5/2001 8:50:11 PM
From: scaram(o)uche  Read Replies (1) of 52153
 
You know who you are, TIA. <g>

As Mike would say..... heh, heh, heh.

I said it in a post a few days ago....... real-world, the sins of November and December are gone.

Easy pickings.

Some years we get predominately deferral of profits to January. Off years we get predominately tax-related selling. I had a beer with a SI biofreak last week, after we had hit a seminar at U.C. Berkeley by Harvey Lodish.

He plays his tricks almost exclusively in December and January.

The average investor knows that a January effect is coming. We know which stocks are backed by good science and are therefore unlikely to implode. While the rest of the world is getting ready to ride bonds, we can retain our large appetites.

Doc......... send your [sensational!] results to biotech antagonist James Cramer. Give him four or five years to match the yields.
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