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Biotech / Medical : ATIS is on the move!
ATIS 0.1000-47.4%Apr 14 5:00 PM EST
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To: David S. who wrote (1168)11/15/1997 8:04:00 PM
From: Steve Lokness  Read Replies (1) of 2205
 
David;
Not sure I agree with the thinking that now is not the right time to be in biotechs. I look at it this way; If the market does have problems, those stocks expected to make a good income and have a good PE will in my opion be hurt the most. Biotechs, for the most part, are not expected to make a profit so are not required to maintain a decent PE. If you are looking at stocks for a short term investment then you might be right, however short term the stock market is surely the wrong place to be. Long term IMO the biotechs will do great as the science developes and the baby boom ages. When all us baby boomers get old and start to fall apart, we are not going to care about computers - we are going to want our medicne.

Does that mean ATIS is going to rocket, who knows? I do agree that there is a lot of ATIS shares out there.

Steve
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