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Biotech / Medical : GENSET - GENXY

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To: nigel bates who wrote (177)4/5/2001 10:17:52 AM
From: Mike McFarland  Read Replies (1) of 200
 
Now that you mention it, Genset has put a sour taste in my mouth. I'd hoped Corixa's "undisclosed organism" would be something a bit sexier. Not that it matters in this sort of market. As we all know, biotechnology scientists the world over have abandoned their labs to dig bunkers--Wall Street has spoken: The End is Nigh.

Uh, just curious. At the end of the day, when all the traders and speculators throw up their hands and give up, who collects all the shares floating around to hold overnight. I want that job. Somebody lend me a billion, and I'll start compiling cheap shares...snag a handful of cheapies, force them to merge, stamp New and Improved on the label, and get it back on the shelves.

Nathan Myhrvold, I'll bet he is starting to nibble--it'll be interesting to see what his team puts together. All newness, sex appeal, jargon...faith and bullshit. And then Cramer's group can annoint a batch of new symbols at his conference, and the group can be finally walked upward again--with proper guidance this time.
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