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Biotech / Medical : Biotech Valuation
CRSP 52.51+2.7%Nov 14 9:30 AM EST
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To: Sam Citron who wrote (5592)1/31/2002 9:48:09 AM
From: Biomaven  Read Replies (1) of 52153
 
Sam,

Well by coincidence I also bought a little TYC yesterday - not because of the chart but because I thought it's another example of overblown concerns.

It's always interesting to think who is on the other side of your trade. In the case of ELN, it was likely people who knew no more about it than they read in yesterday's WSJ, plus some momentum shorters and perhaps a few panicked fund managers. I can't think of a better collection to be on the other side of a trade. <g>

Peter
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