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Biotech / Medical : T/FIF Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: scaram(o)uche who wrote (987)	6/19/1999 3:54:00 PM
From: Mike McFarland	Respond to of 1073

You've earned my respect--you did not have it initially, but I suspect that there are a number of folks lurking who feel the same way as I do now. Most people will forgive the occasional abrasive comments--as long as you're right. Just continue to be right;-) I have no doubt that if I persist in this exercise, I will be drawn to winning stocks, there might even be a couple winners in my current batch. Likely my stocks a few years from now will be a better mix of choices from the SI-team, and less of my micro-cap gambles--ahhaha once called them lotto tickets, and truthfully, he is probably right...but like I have said before, I have plenty of time to figure this game out. Not alot to lose quite yet. As far as the mix of folks here on SI, heck, I'd be pleased just to continue to be the waterboy on this team. That said, I would love to see the long term performance of a fund run by you, Peter and Vector1, with ideas floated by DAK and the rest of the guys. I can just sit up in the stands and watch most of the time. I guess I would have one piece of advice for any newbies lurking here: Start a list of stocks which the biotech enthusiasts follow. Then slog around doing your own DD. If you are lucky, by the time you have some stocks in which you want to invest, the market in general will be at a low point. If you buy at the point of maximum fear, you will most certainly be buying bargains. One complication here, especially if you go to the third tier (and below) biotechs such as I have done, is that there has been a persistent fear of being in these sorts of stocks. It is hard to imagine there being any more pain than now. But I will be happy to report back if it does get worse. The situation for second tier stocks is different, and I suspect that sector has already attracted some of the internet momo crowd in a few issues. Okay, enough from me this weekend. See you all after the market open next week.