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Biotech / Medical : Biotech Stock Picking - 2003

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To: Mike McFarland who wrote (97)1/10/2003 10:48:49 AM
From: EVENT HORIZON III   of 383
 
Hi Mike,

Sorry to hear that...

I'd rather be remembered for NTII. But yes VRGN was a pet at one time too...

Actually Mike Biotech is looking like it did in 96 through 98. Not a bad period at all on a relative basis & many biotech companies are much better off financially than they were at that time.

The financial firms are already trying to jump start Biotech into the former cyclic nature it held during that period. Thats up in the Fall. Another good thing. Lending familiarity, predictability & creating investor interest in our favorite sector... : ).

With Cash cows like HGSI & funded R&D's like PDLI the bottoms are ripe for 50% to 100% moves in short periods. Say 3 to 6 months. Yes we were spoiled in 2000 but in a good way.

Jeff
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