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Biotech / Medical : Biotech Valuation
CRSP 57.58+0.9%Dec 10 3:59 PM EST
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To: smh who wrote (5341)1/7/2002 12:34:43 AM
From: John Metcalf  Read Replies (2) of 52153
 
"Biotechnology is Not About Biology.
It's about Information." -- G. Gilder

This must have been written in the early days of compu-chem, or during the time CRA was in ascendency. Some of us here made money in those days, first in companies like ARQL, then in HGSI, INCY, and Celera.

But now.... well, biology seems to be a little more complex than current informatics.

If the market goes to hell for another year or two, Gilder will be writing a newsletter on Love (that's what poor folk live on, because that's all they have). And he'll be saying it's not about love, it's about information -:)
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