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Biotech / Medical : Biotech Valuation
CRSP 55.56+1.3%3:30 PM EST
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To: Jibacoa who wrote (3224)3/28/2001 8:08:39 PM
From: Biomaven  Read Replies (2) of 52153
 
Actually we decoupled fairly well from the carnage over at NASD today. In fact, for the last few days the relationship that I always talk about (BTK:DRG vs NASD:DOW) has been absent.

I was actually surprised by yesterday's rally prompted by the consumer confidence news. For me, higher consumer confidence means less loosening by Greenspan, and so it's definitely a mixed blessing from the perspective of stock prices.

Peter
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