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Biotech / Medical : Martek Biosciences---- future biotech cash cow!

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To: Machaon who wrote (126)1/9/1998 1:28:00 AM
From: Asymmetric  Read Replies (1) of 258
 
I feel safer on the sidelines.
From what I can see the market rotation right now is
out of smaller cap, riskier stocks into defensive
issues like utilities and consumer stuff. So I don't
expect Martek to make much headway given general
market trends. The other two things I'd want to see
is 1) Martek showing me the money - that is that they
can start turning a profit and can do so consistently.
2) Mutual fund money flows would have to remain heavily
on the positive side. To me Martek is a trickle down
stock. Throw enough money at the market and some of it
will reach down to where Martek is. If fund flows slow
like I think they will this year, or even heaven forbid,
start to show outflow then Martek will at best be marking
time throughout the year. Good luck.
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