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Biotech / Medical : The thread of life

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To: Mike McFarland who wrote (491)6/27/2003 5:30:39 AM
From: Mike McFarlandRead Replies (1) of 1336
 
Read the posts on the Sepracor thread for the past
month. Nice work over there, and folks have had a
nice gainer in that this year.

The Takeda melatonin agonist still sounds interesting,
I did not know that melatonin supplements clear so
rapidly. I pop them like candy sometimes, but couldn't
probably tell it from sugar pill.

Glad to be out of Elan, could get a trade out of
that one soon, but gearing up for some vacation
so I wont mess with it. Nice to be able to avoid
the various temptations out there. Just wait for
the next debacle, something always comes up for
better entries. Sometimes I wonder if there will
be a late 60s and 70s style bear market, where you
could actually get companies with earnings cheap.
Will the stock market ever go out of fashion to
that degree again? I think it could do that.
The US economy has lost so many manufacturing
jobs, sure seems like a disaster in the works.
Worse in Europe I suppose.

Staying in cash. It doesn't pay much, but you can't
get hurt as far as I can tell, so what the heck.

Pretty rotten times for savers though. This government
just does not want people saving. Pile onto the bond
bubble, ha, no thanks! I'll take my zero to 3.7% returns
and be glad of it I guess.

My money market is paying 0.07%, ha! I think I should
replace some of that with a CD and get some insurance
on it.
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