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Biotech / Medical : Biosource International

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To: Timothy Grimes who wrote (408)2/2/1998 1:33:00 AM
From: milton  Read Replies (1) of 696
 
Timothy Grimes
The shortng doesn't indicate to me that there's any pending bad news. Look at triby's short interest for example. It mirrors bioi's. I see a general attack on micro health stocks, not any news specific to bioi. Whenever I've seen a market sector in decline, it's a good sign to start buying. I saw the same in 1987 after the last big one and bought into oil stocks and made my best returns ever. Last spring, the chip market was in the tank and those who bought in made their money in May and June. I see bioi and triby as positioned well in their sector with good fundamentals who stand to make a great return for their investors.
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