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Biotech / Medical : Biotech Valuation
CRSP 52.20-5.5%Nov 12 3:59 PM EST
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To: Biomaven who wrote (6578)6/14/2002 6:32:04 PM
From: Biomaven  Read Replies (1) of 52153
 
Well today certainly was a relief. In fact the whole week was reasonable given the carnage over on the NASD.

Not quite sure what today's trigger was - maybe the news on Amevive, which I would characterize as favorable. It's interesting that IMCL has been relatively firm given the hearings. I guess we must be seeing some bottom-fishing across the sector by institutions here.

Peter
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