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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: Andrew H who wrote (3835)1/3/1998 7:21:00 PM
From: biowa  Read Replies (2) of 9719
 
!Kung,

Two thoughts contrary to Mr. Lind's opinion:

1) The biotech sector has not historically stayed depressed for that long.

2) Once the general market turns south/levels off, or is percieved as such, funds will flow towards the higher risk/higher return (in theory) sectors; why be losing money on the blue chips when you can play the lottery in biotechs.

That said, I hate to be a promoter; we all know the negatives by now, however.

On the frog front: When the princess kissed the frog, did it really turn into a handsome prince? Or did she just hallucinate on the opiate analog? <g>

biowa
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