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Biotech / Medical : Sequana
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To: Andrew H who wrote (305)10/17/1997 1:12:00 PM
From: bob zagorin   of 337
 
Andy. I sold my SQNA(13.75) and TRGA(5.25) yesterday and today. Nothing bad about the stocks but I had a couple techies fall out of bed and needed the cash for margin calls. Was sitting on good profits in both SQNA & TRGA. I'll buy them both back if I get a good opportunity.

I'm crazy but my idea of hedging is having about equal investments in both biotech and tech stocks. I've found that most of the time I can use one to bail out the other.

PS. I didn't want to sell any of my LGND because I have faith in the company and Henry. I think you're going to lose some wine here soon.
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