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Biotech / Medical : Ionis Pharmaceuticals (IONS) -- Ignore unavailable to you. Want to Upgrade?

To: Mike McFarland who wrote (2680)	9/13/1999 11:35:00 PM
From: synchro	Respond to of 4676

Investing is my hobby, so like everyone else, I want as much information as possible, even if it means wading thru quite a few "you're an idiot. No, you're an idiot"-type of exchanges that seem quite common in chat rooms. SI is still a good source to check investor sentiment on the tech sector as well as individual stock. I'm fascinated with the biotech field--there're not that many businesses that can create their own demand; pharmaceuticals/biotechs happens to be one of them. I like to invest in companies that have a "platform" of proprietary technology that might pay off big. Antisense seems to hold a lot of promise, but it is still one blockbuster drug away from being a proven technology. I like everybody else is waiting for the clinical trials results. I don't have any proprietary information. I invest some in ISIP to keep myself interested, but for now I take a show-me attitude until they stock proves to me otherwise. From my experience with Immunex, I'd say there's plenty of money to be made as each milestone happens in biotechs. There's no need to sell your kids and mortgage your house right now at this stage. I only follow Gerald Loeb's investment truism: Never average down; always scale up. Investing with one egg in the basket is courageous when you win; it is foolish when your stock does a Cendant. What can I say? I wish I can tell you the difference. I did hear a saying that fortune is made from Concentration, never from Diversification. However, that doesn't mean you can't concentrate over time and scale on the way up. I diversify because I do have a day job, and I don't have the energy and time to stay glued to the screen all the time. Y