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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: Marshall Teitelbaum who wrote (1170)11/16/1997 2:11:00 PM
From: Steve Lokness  Read Replies (2) of 2205
 
Hello Marshall;
All is great, thanks. I have been lurking as I really respect the comments made here, but didn't agree with David so I felt I needed to put my spin on biotechs.

You bring up some great points, as usual, to consider. I agree with you that the biotech industry is where computers/electronics were many years ago. You are also undoubtable right that all will not be big winners. But even the better "losers" will be winners as they are gobled up by the real winners. Look at all the co's microsoft has taken over and the shareholders are all winners. By the way MSFT climb sure wasn't straight up - especally in the early going.

The task for investors is to weed through all the biotechs and to find the real winners. The best time to buy is not when all biotechs are in a rally, but at times like this when there is some legitamate bargains to consider. If you buy ATIS for the long haul, is it better to pick it up at 18 when it looks like it will go up and up or does it make more sense to buy at 13 or 11?

So where are the bargains? I like ARIA(good science), MCDE(right business at the right time) and ARRS(must have great management to snag SQNA). Marshall as I respect your opinion, besides ATIS care to offer a bargain priced winner for the long haul?

Thanks good investing;
Steve
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