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Biotech / Medical : Millennium Pharmaceuticals, Inc. (MLNM)
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To: Vector1 who wrote (243)9/23/1998 11:55:00 AM
From: scaram(o)uche  Read Replies (1) of 3044
 
>> Wouldn't it be incredible if the IPO market gets restarted by the biotech sector. <<

V1:

As you know and as very few of the new breed of investors appreciate, research premiums are currently at an all time discount. It's the CNBC "Insana" trickle down. Ignorance breeds ignorance.

Binder couldn't spend AMGN's profits wisely. I am absolutely dumbfounded to see that most investors can't see what a MLNM can become, that a new flagship could pop out of any one of 20 companies.

Ticks me off.

I reiterate..... the sector has been killed my thought mongers.... those who control the media and manipulate popular opinion to cover up their own past deficiencies. The sector is healthy as heck..... it's those who couldn't differentiate the good from the bad that have trashed it.

I say that we should trash them.

Your maneuvering through the minefield of the past 10 months has been masterful. Again, if the world followed you, Silverman and Suzman, the sector would NEVER have gotten a bad name. Note also that McCamant has also been better of late. Of course, that's largely because he lurks at SI.

:-)

Yes, it would be great if biotech opened the IPO window. Trash the third-tier companies that are garbage and managed by garbage management. Let the third-tier companies that are legitimate shots at 10X thrive, and open the funding window!!!!!

Cheers! Rick
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