Biotech Valuation Message Board

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Biotech / Medical : Biotech Valuation

CRSP 55.06

-2.9%

3:59 PM EST

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To: Icebrg who wrote (8627)	6/5/2003 5:17:50 PM
From: Biomaven	Read Replies (3) of 52153

I am not sure I agree to the idea of selling just because the portfolio has done well. There speaks a man that must not have fully participated in the biotech bubble and bust. <g> Nobody rings a bell at the top. The biotech bubble initially burst when the famous "gene patenting" Clinton/Blair announcement was misreported. We on SI "knew" that the news didn't warrant the sharp correction that ensued. Days like today are few and far between. As I said during the bubble, the profits from a day like this can buy a lot of valium. Clearly there is some froth in the air - not quite sure how much froth makes a full-fledged bubble, though. <g> Peter

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