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Strategies & Market Trends : Galapagos Islands
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To: Jorj X Mckie who wrote (40117)5/19/2003 12:04:33 PM
From: tuck  Read Replies (3) of 57110
 
QLTI has a product on the market that seems to selling a bit slowly and would be affected by the prescription drug pricing initiatives. It just recently had a major clinical failure on its next big drug, and got punished, but not enough in the recent euphoria. I'll be watching for a bounce to short. Otherwise stay away from cancer related stocks, to reduce risk going into ASCO meeting in early June, when once again, the bankers will get a look at the abstracts before the public does (when will those idiots get it, and make 'em public for everyone at once, like every other such organization has done? Sheesh!).

Cheers, Tuck
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