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Biotech / Medical : Biotech Valuation

CRSP 55.11

-2.6%

3:59 PM EST

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To: Elmer who wrote (5454)	1/16/2002 6:03:30 PM
From: Biomaven	Read Replies (1) of 52153

Yes the CBST news does add to a bad few weeks of news for biotech stocks. I think the reaction is somewhat overdone, however, and I bought some in after hours trading. However in a ray of sunshine (and an important one for me), we got good news from the ITMN DSMB. Pleased to see the shorts here getting screwed for once. (Note also ITMN will be helped by the CBST delay because they have a competing program). Peter

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