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Biotech / Medical : The thread of life
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To: Mike McFarland who wrote (182)6/20/2001 2:38:39 AM
From: SpekulatiusRead Replies (2) of 1336
 
Have been bottom fishing microcaps:
Small positions in OXGN, DPII and DDDP and a full position in NRGN. Large cap biotechs are holding up very well so far, so I expect them to be very vulnerable in the current soggy market. The current market is a haven for vulture investors.
AXPH buyout is an embarrasment for LT stock holders. I do not know who was more desperate - CRA to buy chemistry or AXPH managment to sell out. <NG>
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