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Biotech / Medical : Biotech Valuation

CRSP 56.87

-2.3%

Dec 5 9:30 AM EST

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To: Biomaven who wrote (7501)	12/14/2002 4:21:09 PM
From: Doc Bones	Read Replies (1) of 52153

Peter, beta seems to me a shotgun marriage between two factors that don't have much to do with each other - the stock's volatility, and it's tendency to track the market. People who haven't looked up the definition, tend, like Sam, to assume that beta is simply the volatility expressed as a comparison to the market volatility, which seems more logical and useful. But perhaps beta has it's uses? Doc

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