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Biotech / Medical : Munch-a-Biotech Today -- Ignore unavailable to you. Want to Upgrade?


To: Biomaven who wrote (465)6/17/1999 9:54:00 AM
From: scaram(o)uche  Read Replies (1) | Respond to of 3158
 
Some important points.......

>> the BTK index is heavy on the
first tiers, the rest of the biotechs are relatively even cheaper than you indicate. <<

As everybody is sick of hearing me say over and over again....... the quality science companies in the lowest tier are as cheap as technology in the sector has ever been. It is ridiculous. The companies in the first tier that use their strong currencies (MLNM et al., but it again looks like AMGN just isn't poking in the correct corners) *now* are going to be Dow stocks within 20 years.

>> This means, as you pointed out, that the window is
definitely closing. <<

Geeeze, have management teams (GILD, VLTS and a few others excepted) been slow to react (not saying that the "reactions" to date were among the wisest of moves...... GILD was way too conservative, IMO, and VLTS is a study in process)!