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Biotech / Medical : Biotech Valuation
CRSP 56.00+8.5%Dec 3 3:59 PM EST

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To: Ian@SI who wrote (5291)12/31/2001 10:28:40 AM
From: Biomaven  Read Replies (1) of 52153
 
Ian,

Yes, I'd still be a buyer in the mid-30's. I think they have an approvable drug, and I'd take the risk that the FDA might want more trials or that a new IRC could come to different conclusions than the old IRC (which according to the company were concordant with the conclusions of the site investigators and the company themselves).

I don't "do" charts and so would be happy to take advantage of any weakness caused by the views of chartists. <g>

Peter

P.S. But for a conflicting opinion, be sure to read Vector1's post.
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