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Biotech / Medical : The thread of life

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To: Mike McFarland who wrote (435)	10/12/2002 10:21:48 PM
From: Mike McFarland	Read Replies (1) of 1336

Thinking out loud--will stay away from utilities. So more goes into treasuries. A little more into some microcap biotech, where the fear-factor has them discounted badly. Sometime in the next few years, $15 QQQ is a sure thing, perhaps even $10 QQQ-- or something like early 1990's Nasdaq rather than just the five year setback. When we finally see that, it will be time to look at a smattering of tech. Lately I've glanced at Samsung and Philips, ABI and Agilent. I have no idea what looks cheap enough in first and second tier tech yet, therefore the treasuries. When in doubt, do nothing.

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