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Pastimes : Home on the range where the buffalo roam

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To: Boplicity who wrote (10193)	2/15/2001 12:02:38 AM
From: mishedlo	Read Replies (2) of 13572

Greg, Thinking more about the bio revolution. Last May, I remember a post from someone (not on this thread I do not think but it does not matter), saying something to the effect "What is going to lead us out of this mess, and PLEASE DO NOT SUGGEST BIOS!" Well could it be bios? But how does one evaluate them? You and I have played PDLI successfully in the past, and you did fantastic with PEB while I sat and twiddled my thumbs in awe, but are they or are they not good buys now? The only one I know how to evaluate at all is CRA. They have a huge pile of cash, so much in fact that $18 of their stock price is sitting in $. How bad can that be? Look it up. Note: of course they royally screwed anyone who bought that secondary offering at $250/share to raise that cash but that is another story. At any rate, $18 in cash would suggest that the bottom is in the 20's, I would think, and it did rally strongly from 27 to almost 50. At what price do you think it is a buy? How does one evaluate PDLI? Now making a profit. What about GERN? What is a patent on cloning a sheep worth? The possibilities are nearly endless with this, I would think. We need to be open to all possibilities. If bios are it. Then let's figure it out. (hoping you like this kind of post better) M

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