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Biotech / Medical : CNSI Cambridge Neuroscience
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To: Steven Messina,L.M.T. who wrote (482)12/28/1998 7:15:00 PM
From: Mike McFarland  Read Replies (1) of 675
 
I am sorry you lost a "boatload of money" on this
one...I've myself have seen 12k put into cnsi (at
prices between 7/8ths and 1 1/2) knocked down to
just 8k. And now I'm ignoring a mental stop loss,
which is usually really really dumb.

Biotech, and especially micro and small cap biotech
have to have their day someday. What would really
be a shame, is if those of us who have been building
positions over the last year in some of these, have
to watch them sink even lower...say if the market
in general ends up crashing (after an internet stock
debacle or something like that).

--MM
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