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Biotech / Medical : A crash for the markets - a crash for biotechs ?

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To: trevor john wilkinson who wrote (18)12/11/1996 5:15:00 AM
From: Spekulatius   of 74
 
trevor,

you are not the the only one who is concerned about a market crash. I think that all stocks (and the biotech too) will suffer from a market crash. The crash will be triggered by a crash in US stocks and this will spread around the world, as we have seen several times before. As a german investor, I am concerned, because I think that the european stock markets will be hit even more than Wall street.
So, I am mostly in cash (2/3). Besides I am holding on some Genzyme stocks bought at 21$, which are doing very well recently. Its my first biotech investment ever.

Ralf
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