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Strategies & Market Trends : Charts for Quick CASH $$$

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To: scaram(o)uche who wrote (7542)4/30/1998 1:00:00 PM
From: scaram(o)uche  Read Replies (2) of 9262
 
[ ICOS, perhaps fairly valued ]

ICOS is doing OK this morning. However, I've decided not to play with it. I've always steered clear of them due to their hefty market cap relative to other biotechs. I think it's due to the Rathman/Gates glamor, in addition to a sound business plan.

In any event, I was talking to friends about it last night. A few were negative. One wise and influential sort even has a short position, citing that hefty valuation.

Just thought I'd let people know, after last night's hoopla, that I think I'll stay on the sidelines. I'll watch the progress of the PDE5 inhibitor and Viagra sales closely, however.

Cheers! Rick

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