Biotech Short Candidates Message Board

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Biotech / Medical : Biotech Short Candidates

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To: tuck who wrote (531)	6/3/2003 1:05:26 AM
From: Spekulatius	Read Replies (1) of 897

AFFX is getting pretty frisky again at 23.49$ and their last quarter was 20% short on revenue. So fundamentally the stock should be a better short than 2 month ago. the market seems to believe that AFFX problems are over but with such a huge miss, it seems that deeper issues are much more likely. However on the other side, the market loves biotech and most other high beta stocks again and this could go on for a while -what do i know? My feeling however is that we are much closer to a top than a bottom at this point...

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