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Biotech / Medical : Biotime-Nasdaq's best kept secret?
BTIM 0.00010000.0%Nov 13 9:30 AM EST

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To: Keith J who wrote (672)2/14/1998 3:36:00 AM
From: Bill Wexler  Read Replies (3) of 1432
 
Yeah - this is certainly a controversial stock....it'll be interesting to see what happens. I already checked with some people at UC Berkeley (I live in SF) - some who are familiar with the company - and one person who gave me a very interesting perspective on the Jonathan Steinberg (from Individual Investor mag.) incident. Let's put it kindly - the news is not positive.

I have also peeked in on the AOL and Yahoo threads. The emotional nature of the discourse follows the same sort of trajectory that I've seen time and time again with speculative companies that never quite seem to deliver anything.

I could be wrong of course - but the company has a very high bar to jump now that valuations have reached speculative extremes. I have a price target of 1 a share.
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