Ligand (LGND) Breakout! Message Board

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Biotech / Medical : Ligand (LGND) Breakout!

LGND 199.20

+0.1%

Nov 21 9:30 AM EST

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To: bob zagorin who wrote (23961)	8/5/1998 4:12:00 AM
From: Torben Noerup Nielsen	Read Replies (1) of 32384

>i switched some of my money into biotechs earlier this year because >i was worried that asia might knock the techs down and the biotechs >would not get caught in that problem. seemed logical but so far not >so good. they still seem like a great long term investment. I keep all of my money in biotechs now. My wife complains that since I happen to know a lot more about Internet and computer technology, I should put it there, but I cannot help but believe that in the longer run, biotechs are going to throw off bigger returns. This of course is not much comfort when the losses mount. But I think the picture will change soon. The high risk/high return funds are going to have to go somewhere when the Internet bubble bursts and I do not see many alternatives. Oh well, let's hope things will look better in the morning. Cheers, Torben

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