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Biotech / Medical : Cell Therapeutics (CTIC)
CTIC 9.0900.0%Jun 26 5:00 PM EST

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To: IRWIN JAMES FRANKEL who wrote (602)3/14/2005 10:33:11 PM
From: Extra Pale   of 946
 
Agree no comparison between ctic & dna. What I find interesting is the huge mkt cap gain for dna of over $10billion. Seems to me the market is getting way ahead, ala elan, biib. Also, does indicate the risk reward for ctic was very favorable, IMO, from a gambling perspective. May be a 20% chance of xyotax being approved - but overall expected value is grand. Have come to realize that nearly all biotechs are venture capital deals, high risk high loss, and occasionally a nice payday.
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