Guilford (GLFD) - Steadily Rising Message Board

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Biotech / Medical : Guilford (GLFD) - Steadily Rising

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To: Steve who wrote (214)	5/1/1998 8:47:00 PM
From: Dr. Bob	Read Replies (1) of 496

Pharmaceuticals often do well in bear markets! I think I have seen a trend in this recent bull market of antagonism between techs and biotechs - they move contrary to one another. I suspect it's a combination of sectors lots of investors have, and when they move money out of techs, biotechs are a comfortable place to put it, whereas if the techs are hot, buying for biotechs diminishes, and prices go down because of this lessening of interest. Bob

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