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Biotech / Medical : Munch-a-Biotech Today
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To: Biomaven who wrote (96)1/26/1999 9:27:00 PM
From: scaram(o)uche  Read Replies (2) of 3158
 
Peter:

I'm still hopeful for third-tier.

Surprised? ;-)

So..... it would need to be companies that are selling at a huge discount to the research in-hand, companies with a no-brainer project (yeahrightsure) or a breadth of projects moving forward.

It is apparent, imo, that non-accretive acquisitions are dirt cheap. I'd say that the breadth of programs is sufficient at SNAP, SIBI and NRGN. Those are just off the top of my head. GLIA too of course, but they don't count as they're headed for profit and honorable mention for second-tier.

Just coincidence that they're all neuro, or is this the sub-sector where the best bargains are to be found?

Wo, was that a great last half hour of trading for biotech or what? I picked my brain for an AGPH sympathy play and came up with VIRS. I was feeling really proud until you mentioned GILD to me. :-)

If you're trying to push conversation away from third-tier, just tell me to shut up.

Cheers! Rick
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