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Biotech / Medical : Millennium Pharmaceuticals, Inc. (MLNM)
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To: scaram(o)uche who wrote (242)9/23/1998 10:41:00 AM
From: Vector1  Read Replies (2) of 3044
 
Rick,
This is much needed and wonderful news. The sector was already starting to get hot and the Bayer deal adds a spark and some fuel. I expect all of the genetics companies will be helped. INCY is up strong this morning. All of the sudden I am hearing some money managers who don't know sh_t about biotech and scoffed at the sector a few weeks ago talking about how the larger biotechs are not affected by the crisis in Asia or Russia.
Wouldn't it be incredible if the IPO market gets restarted by the biotech sector.
V1
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