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Biotech / Medical : EntreMed (ENMD)

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To: ztect who wrote (1436)11/22/1998 12:45:00 PM
From: Jerel Zoltick  Read Replies (1) of 2135
 
ENMD is a great long term hold, BUT a
product will not come out for years.
This stock will continue to swing. If you look
at valuations (at this time) the stock is probably worth
5-10 dollars. Even at these pull backs, the stock continues
to be over valued for the short term.
If you look at valuations of BGEN, AMGN over a decade ago,
you will see what I am talking about.
The stock has great potential...but that is a long way off to fruition.
Keep this in mind in investing. It is possible that in
5-7 years this stock will multiply, but it will probably fall below 10 before it reaches the 80s again (in the next 12-24 months).

I have followed the Biotech industry for over 15 years.
Use sensible thinking in investing......especially in the Biotech arena
jmz
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