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Biotech / Medical : IPIC
IPIC 0.00010000.0%Dec 18 4:00 PM EST

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To: Pancho Villa who wrote (754)9/30/1997 12:51:00 AM
From: Trey Yon   of 1359
 
Pancho,
You'd be best to go ahead & cover Tuesday, as I intend to triple my position very soon and this will cause a major upward move (only kidding).

With respect to biotech valuations. Since MOST biotechs don't have Sales or Earnings in the VAST majority of cases, neither of these methods will work. The best way is to FOCUS on the future market value of the drugs under development in the pipeline and their probable competion . This isn't a simple thing for the lay person to do and even if you can its still a CRAP SHOOT!
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