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Biotech / Medical : GENZYME - THE KING OF THE BIOTECHS

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To: Andreas Helke who wrote (308)7/28/1998 1:38:00 PM
From: aliveinsf  Read Replies (2) of 410
 
AMGEN and BIOGEN have returned substantially better returns since 1985. The passbook return looks over a long period of time and takes into account peaks and valleys...I am not looking at the price at the peak but prior to the peak...

Fact is, they have underperformed the other big guys...and nothing they have done in the past leads me to conclude they will do better than AMGN or BGEN....GENZ puts out press releases, gets some hype, fails to deliver and the stock goes down....it is a case of history repeating itself over and over and over...GENZ is a dog with abysmal management.
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