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Biotech / Medical : Ligand (LGND) Breakout!
LGND 200.79-0.2%Nov 14 9:30 AM EST

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To: Henry Niman who wrote (15262)2/18/1998 1:19:00 PM
From: Machaon  Read Replies (2) of 32384
 
Henry, just received Fidelity's Winter 97 Sector Update and Sector Dynamics. The publications are featuring the Biotech sector (in a positive light). An interesting point says that "more products may come to the marketplace in the next two years than in the whole history of the industry itself".

One article is entitled: "Health Care: A rebound for Biotechnology". They predict earnings growth for the biotech sector of about 29%.

It would be nice if mutual funds would start accumulating the smaller development biotech companies, in anticipation of a flood of new products.

Hmmmm!? It's also nice to see the increasing interest in the thread.

Thanks for providing us investors with an overabundance of significant and newsworthy information. A lot of threads are based mostly on hype, or have cretins running around making incorrect, negative statements to make themselves look important.

Regards, Bob
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