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Biotech / Medical : Biotech Valuation
CRSP 54.58-1.0%Nov 10 3:59 PM EST

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To: scaram(o)uche who wrote (169)4/13/1999 1:16:00 PM
From: LLCF  Read Replies (1) of 52153
 
<He bad mouths the sector. That would be fine, but.... does his record dictate that he should be listened to, much less sought out for his opinion? No..>

yes, it makes no sense really... look if you're a biotech fund, you're returns are going to be volatile! Your $5 stock went to $4, you're down 20%... if you're going to fret or sell just because of that, then switch to the bond department please! He should be grazing on good stocks and doing a little PR to explain why he's down 20% thats all. One thing I think we can take out of this is that when these clowns try to get back in you'll get some nice violent moves up.

DAK
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