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Biotech / Medical : Biotech Valuation
CRSP 51.11-2.1%Nov 13 3:59 PM EST

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To: Biomaven who wrote (5568)1/28/2002 5:25:25 PM
From: Robohogs  Read Replies (2) of 52153
 
So we have short runs at AFFX, IMCL (deserved) and ELN, too name only a few. ELN also being shorted to high heaven in front of earnings next week. Pretty amazing what can happen when valuations are based on DCFs years out. Lot of air under these valuations by definition. I am a fool though and still a buyer.

I get sense BBH may be bottoming here technically. Way oversold. Retraced twice to 120 area with that also being an old bottom and an old top.

Any thoughts on bottoming in BBH? Of course, market may be way lower by time people respond tomorrow. Who knows?

Good luck.

Jon
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