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Biotech / Medical : T/FIF Portfolio

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To: jeffbas who wrote (817)	4/20/1999 2:39:00 PM
From: LLCF	Read Replies (1) of 1073

<It is part of the job of managing money to recognize what the market will pay for and what it won't.. > Yes, of course his job is to make money! <I agree with him. I have been in small cap stocks for years and I do not regard it as a valid excuse that they were better investments for the money> BUT THATS WATER UNDER THE BRIDGE! THE POINT IS WHAT WILL HAPPEN IN THE FUTURE! We will see if those fleeing to the puffy, bloated big caps are right or not. Thats the whole game... <But eventually the tide will turn.> Well, jeez, O.K. whats up, is that a hedge or what? I for one am not afraid to say I'm buying these small biotechs and from experience I can tell you I am DELIGHTED that the big healthcare clowns have been selling because I can't wait till they're done. I came to the sector 6 months ago BECAUSE everyone's bailing. Most of those hanging around including myself are certainly outperforming the guys in the article HANDS DOWN... so hey: I'm going with what works! DAK

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