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Strategies & Market Trends : The Amateur Traders Corner

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To: Paul A who wrote (13315)	9/1/2001 2:11:26 PM
From: Oak Tree	Read Replies (1) of 19633

I'm interested in why you were looking at DNA as a sell. My feeling is that biotech is 1. biotech is about the last tech that is still over priced 2. DNA has two blockbuster drugs neither of which are critical drugs in therapy, and both of which have many competitors drugs coming in the future 3. Fundamentals of DNA are not great and any downturn of their 2 main drugs will put them in the red.

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