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Biotech / Medical : Biotech Valuation
CRSP 53.97-2.0%3:59 PM EST

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To: Biomaven who wrote (21157)9/6/2006 3:51:00 AM
From: Doc Bones  Read Replies (3) of 52153
 
The biggest trend I see is a bounce in risk-tolerance and appetite for tech-spec stocks. In May there was a big drop in tech stocks, and it had started earlier in biotech.

There was talk about Central Banks, e.g. in Japan, soaking up liquidity. which seemed to hit speculative stocks hard, and rumors of Hedge Funds collapsing. Then in August they bounced back, why I don't know, but I'll take it.

finance.yahoo.com

I don't see much pattern other than the riskier stocks making the biggest moves, e.g. CIPH followed the trend closely.

Doc

p.s. Thanks for your list of top holdings, Peter, I'm always interested.
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