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Biotech / Medical : Insite Vision Inc.
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To: Robert Mayo who wrote (593)12/25/1997 2:55:00 PM
From: David Bogdanoff  Read Replies (2) of 1060
 
RM;

Timing, as they say, is everything. Take a look at another MM pick:
Core Therapeutics. It is now near an all time high after years of basically dead money. Unfortunately, MM's timing on this one was naive in the extreme and he called for selling above 9 a few months ago, only to see it progress steadily to its current price above 20 and holding despite the biotech slide. Similarly, ICOS has done very well recently. Another small pharmaceutical is North American Vaccine
which is above water for me and apparently not far away from profitability. Dead money is beat by the money market, but not by
a bear market. :)

Merry Christmas,

David
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