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Biotech / Medical : Ionis Pharmaceuticals (IONS)

IONS 80.30

-1.8%

3:59 PM EST

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To: IN_GOD_I_TRUST who wrote (2188)	8/7/1998 5:10:00 PM
From: Scott H. Davis	Read Replies (1) of 4676

Steve, which biotechs get hit when is a mystery to me the last 2 months. Partially its tied to when an institution or fund reduces or closes out a position. LGND is actually slated to be marginally profitable next fiscal year. They have more items in advanced stages, but their chart is nasty also. Here's a selection - 3 biotech funds and a collection of biotechs I currently or recently followed. Warning, the following graphic is rated "N" for Nasty. quote.yahoo.com I don't understand the market's response to this sector, so I look for good points of entrycombined for good clinical progress with promising technology and go with it. Ultimately these are some long term winners. IMSCO Scott Here's some good comments underscoring the valuation disconnect. biz.yahoo.com

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