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Biotech / Medical : GENZYME - THE KING OF THE BIOTECHS

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To: aliveinsf who wrote (307)7/27/1998 7:35:00 PM
From: Andreas Helke  Read Replies (2) of 410
 
If I look at the past I see very solid revenue growth indicating steady progress of Genzyme as a company and a wildly fluctuating stock price that does not seem to have any relation to the progress of the company. I think a major problem is that there was an absurd rally in biotech stocks in 1991/1992 which brought many biotech stocks to unsustainable levels even if there was no or only a tiny profit in sight at that time.

Andreas
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