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Biotech / Medical : Biotechnology Value Fund, L.P.

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To: scaram(o)uche who wrote (176)6/8/1998 6:17:00 PM
From: scaram(o)ucheRead Replies (2) of 4974
 
Why the heck do we need Intel for insight? Why can't we just tar and feather the suckers ourselves? Way to go Andy!!! Your estimate of 50% for competent managers was a tad high, but way to go!!!

''In fact, Andy Grove of Intel (NASDAQ:INTC - news) recently made a comment that if he had enough money as would be
necessary, he'd buy all the biotech industry and fire half the management,'' Jenner said.

biz.yahoo.com

Of course, we know that, minus AMGN perhaps, Andy *does* have enough money to buy the industry.

Speaking of lousy management, did anyone watch KDUS today? At one point, it was trading for $10 million over cash-in-hand.
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