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Biotech / Medical : The thread of life

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To: Mike McFarland who wrote (192)	8/30/2001 11:11:16 PM
From: Spekulatius	Read Replies (2) of 1336

More trading - I switched from VGNX to LSBC. Got a nice fill on NRGN at a little more than 18.3$. Sold GZTC for a mini gain as well, and looking to get back into near its lows. Biotechs are holding up fairly well, while NASDAQ gets destroyed. I feel that a major unrest is brewing in Japan, with the Nikkei making 17 year lows. The economy is obviously going to the dumpster. Sometimes I feel like cashing everything and just sitting tight on cash. But then again I know I am not happy with 3% interest. A friend from Sillycon Valley told me that venture capital loves biotech right now - is this a contrarian indicator? Who's got the crystal ball?

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