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Politics : Idea Of The Day
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To: Nemer who wrote (17367)3/11/1998 1:48:00 PM
From: Al Serrao  Read Replies (2) of 50167
 
Nemer, thanks and good to hear from you. My sources tell me that a great number of the Biotechs were brought public 12 years ago and many have developed products but not any earnings. Meanwhile the Drug companies need more product to keep their earnings going. At the same time many of these companies have never been this cheap There has been too many disapointed investors over the years because the stocks have gone nowhere. The key here is the R&D costs are all behind them and when everyone discovers what many of these companies have, they could explode.They are too thin to trade but a good fund maybe the answer.

P.S. OFF TOPIC- can you still find a decent home in E. Texas thats reasonable or have the home prices skyrocketed like they have here in Dallas?
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