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Biotech / Medical : Vivus, Why the Slide?
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To: Sonki who wrote (3670)9/19/1997 5:05:00 PM
From: Tunica Albuginea   of 3991
 
( off topic ) Sonki Re: " perhaps i should find fido-select-biotech fund. as this is not my area of expertise."

I can't answer because I don't follow biotech funds and how they have performed. Biotech in my opinion is a lot of blue smoke and mirrors.VERY FEW DRUGS MAKE IT TO MARKET SUCCESSFULLY and most of them are in too smallfields to make it worthwhile.I feel techs is the answer with+/- oils ( as long as Saddam Hussein stays in good health gg).Perhaps financials? Should have bought Aetna 1 month ago when it tanked to 83; it is already back up to 106 !! Go figure. But if you must invest in Biotechs, I would Reccommend : Novartis;Merck;Incyte;
a ggod Biotech fund.;in that order.

I am off for the evening;I may look at the thread later tonight or tomorrow.

TA
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