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Biotech / Medical : A crash for the markets - a crash for biotechs ?

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To: trevor john wilkinson who wrote ()2/16/1997 6:41:00 PM
From: Art Howe   of 74
 
Trevor,

I too am an investor in the stock market and like other investors take risks that we think are calculated. Yes the market is high, but there is good reason for the way the market is going: low inflation, interest rates reasonable, good earnings by many companies, high productivity and a high tech economy. This balance is what is driving the market and as long as inflation stays in check I think the market will head higher. Besides, Trevor, if you are in for the long term, what if the markets takes a dive.

I am also a Cytogen owner. Been for over a year. Brought it higher than it is today. I intend to hold. I guess I just have faith in this company. They report good news and the stock takes a bounce, but then it settles back. This pattern is getting old and discouraging.

I do think that Thomas McKearn, President and CEO of Cytogen is doing the right think by marketing the company's successes with his news letter. Perhaps that will help over time provided the successes keep coming.
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