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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?

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To: borb who wrote (3272)2/26/2003 2:26:17 AM
From: Crossy  Read Replies (1) of 3902
 
Borb,
everbony got his style. For me it's somewhat odd to remember you claiming "very risky to invest in individual stocks" and now you seem to like quite a much a biotech outfit yet without any revenues let alone cash flow or earnings. This is like going from one extreme to the other...

To be frank, biotechs, especially those without revenues are not my turf - I just don't want to put my money there. I bought some bunch of a lifescience related company that makes diagnostic testing kits and consumer products but this one has great valuations: Amex: IMA, Inverness - Price/Sales under 1, Gross margins around 50%. And I'm considering profitable biotech BTGC (Biotech General Group).Those are the type of lifesecience related companies that I like to put my money in.

rgrds
CROSSY
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