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Biotech / Medical : GZMO
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To: jeffbas who wrote (7)1/28/1999 11:11:00 AM
From: BWAC  Read Replies (1) of 438
 
And to further that last thought.

Since the risk money has long ago jumped out of this area. Then my idiot opinion is that the risk itself has been substantially reduced with stocks such as GZMO. I'll even go out on a limb and say that for GZMO the inherent controllable risk is just about zero. Genzyme isn't going to stop funding, price is only middle 2's, etc., etc.

At this price I don't think GZMO carries any more risk than a DOW stock. If all hell breaks lose they'll be just as dead as GZMO.

And besides. Get busy and trade a few times between 2 1/2 and 3 and it won't take very long to reduce your risk to nothing. A good trader could be using the profits exclusively to hold GZMO for Big News later down the road. Anyway thats my plan. Hope it doesn't get away from me while I'm trading around.
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