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Non-Tech : NIFTY NINE IN NINETY NINE PLUS ONE

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To: Arthur Radley who wrote (340)2/2/1999 9:07:00 AM
From: LLCF  Read Replies (1) of 613
 
CLPA is trading 9 1/2-10 this early this morning... wow what a whack. It made front page WSJ.

Article on page B2 of the WSJ this morning about how Venture Capital firms are buying shares in public biotech companies... 2 edged sword... startups are having a hard time with the public companies so cheap. "New Enterprise Associates" (Menlo Park) is mentioned as finding "diamonds in the rough".

DAK
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