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Biotech / Medical : Bio Technology General - BTGC
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To: DEER HUNTER who wrote (1834)4/27/1999 11:50:00 AM
From: Ram Seetharaman  Read Replies (1) of 2028
 
Valueline 4-23-99 gives BTGC 3,4 rating and ranks it 2 (just below the top of 1) for performance. @ a price of $ 8 and a P/E of 21.6.
IMHO it is worth a P/E of 32-40, since it is one of the few small biotechs that produce a profit. We may have to wait till it gets there. I have seen BTGC trade as high as $ 18 just a few months ago. Then it became way undervalued at $ 6. I am way long on BTGC!
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