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Biotech / Medical : Biotech Valuation
CRSP 57.37+0.9%3:59 PM EST
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To: Ian@SI who wrote (8303)5/8/2003 3:18:58 PM
From: A.J. Mullen  Read Replies (2) of 52153
 
More OT Ian,
The reduction in prices of electronics is the result of innovation, not the cause. Deflation is different. Reductions in prices and incomes occur across the economy. Good for those with a stash of cash? Yes, that's why I qualified my statement with "in general."
Ashley
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