Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : Biotech vs. Shorts -- Ignore unavailable to you. Want to Upgrade?

To: scaram(o)uche who wrote (51)	7/27/1999 3:44:00 PM
From: LLCF	Respond to of 427

Interesting that the .com stocks are taking it on the chin today... while bio moves up. Good to see, lets hope they keep doing that trade. Also, I should have known we'd rally after CTSL raised their cash position to 100%!! -g- DAK

To: scaram(o)uche who wrote (51)	7/27/1999 4:09:00 PM
From: Biomaven	Read Replies (1) \| Respond to of 427

My type of company doesn't usually attract a short position. Well if you look at the list sorted by cover ratio, the following "respectable" companies stand out in the top 30: VRTX, GELX, GILD, AVIR, NPSP, SANG, ALKS - all with ratios well above 10. BTW, the top two are BTIM and ORG, both of which I would characterize as "crowded" shorts. I generally avoid crowded shorts altogether (both on the long and short side) - there is usually so much misinformation and anger floating around that sensible analysis is difficult or at least unpleasant. (HEB, ZONA, SNRS are other examples). Peter