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Biotech / Medical : Biotech Valuation
CRSP 53.51-1.3%Jan 16 9:30 AM EST
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To: BulbaMan who wrote (5108)12/11/2001 5:53:37 PM
From: Michael Young  Read Replies (1) of 52153
 
I can't agree with you, especially in this sector. The very nature of biotech allows unscrupulous management and analysts to "pump" a junk equity to very lofty levels. It presents a great opportunity for health care hedge funds to do very well with selective shorting.

MIKE
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