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Biotech / Medical : Biotech Valuation
CRSP 52.51+2.7%Nov 14 9:30 AM EST

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To: Ian@SI who wrote (23233)3/18/2007 11:29:15 AM
From: Mike McFarland  Read Replies (2) of 52153
 
We like MTSL, but Wong's BioTech Stock Report boasts a
decade-old portfolio that was up 5.64% this year through Feb.
28 and an impressive 722.68% since inception


Biotechinsight also did well since inception June '99
with a return over 1000%...
biotechinsight.com

The returns "since inception" are interesting. On the
one hand, any portfolio started in 1999 would have
caught the bull market of late '99/early 2000. I might
try to claim "a return of 2000% since inception" but
I'm increasingly certain that I have no skill.

Still, portfolio gains of 700 or 1000% are awfully
good considering that Wong and Garren probably stayed
mostly invested through late 2000 through 2002 which wiped
out a lot of folks. I'd like to see the year by year
losses and gains--they must have done well as the market
came back these past three years.
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