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Biotech / Medical : T/FIF Portfolio

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To: Thomas M. who wrote (79)	9/1/1998 12:42:00 PM
From: scaram(o)uche	Read Replies (1) of 1073

Tom: I like it. Suzman did a good job of hedge during the early stages of this slaughter. I've learned a lesson. This is the advantage of bringing together scientists and biofreaks with those who are practiced at the art of capital preservation. Guaranteed..... next time I'll preserve some. ;-) I'll respond to Val's criticisms (perhaps comments is a better term?) in a bit, if I can scrape up the time. Suffice it to say that I strongly disagree. Even at the height of recent rallies..... last October for example....... I considered some leading science to be markedly undervalued. I have a real problem with "painting the entire sector" rationale. It's meant easy money for many investors. I consider it to be cowardly, fear-monger money, but, the name of this game is profit. Cheers! Rick

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