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Biotech / Medical : biotech fireworks

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To: mopgcw who wrote (1559)	4/21/2004 10:32:07 PM
From: quidditch	Read Replies (1) of 7424

Wasn't it NRGN in which Warburg Pincus took a sizeable stake recently? Follow-on to the driver of that story? As for why, why, why: I've seen in the small group of BTs I track regularly quite impressive shows of strength in what has been a choppy, uncertain market. I don't know if the hedge fundies (run by Boomers of a certain age) now see BTs as a reasonable equity hedge or what. To sleep, perchance to dream: SEPR and NBIX at 52-week highs. Is this reasonable discounting or speculation? Any one have any thoughts about GNTA here? quid

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