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Biotech / Medical : Biotech Valuation
CRSP 53.54-0.8%11:21 AM EST

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To: Harold Engstrom who wrote (8762)6/25/2003 4:05:53 AM
From: scaram(o)uche  Read Replies (1) of 52153
 
Chuckle. I agree with him. Wait for the data, and weight any subsequent investment according to its quality.

In the past three years, it's been wise to play position trades rather than look for big baggers. Exposure to significant coming dilution and the horror potential of mediocre results? No thank you!

Clearly very little safety.

OTOH, maybe it will be *the* breakthrough stock, and run on promise. For that reason and because I'm also a speculator and can afford for it to go to zero, I own just a smidge for the fun factor.
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