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

To: scaram(o)uche who wrote (429)	10/7/1999 11:28:00 AM
From: Biomaven	Respond to of 52153

Opening an NDA (.pdf) on my 450 mHz machine would take about 2,000 years, give or take a few. Well that explains the FDA delays when using their 386's then. <g> Peter

To: scaram(o)uche who wrote (429)	10/7/1999 11:45:00 AM
From: biowa	Respond to of 52153

Rick, That's just one of the many little questions this raised in my mind. It does make you wonder if there isn't some substance to CLTR formatting troubles; downloading and converting a .pdf can sometimes be anything but simple. biowa

To: scaram(o)uche who wrote (429)	10/14/1999 6:56:00 AM
From: Jim Oravetz	Read Replies (1) \| Respond to of 52153

OT -- Losing Money with Michael Murphy by Pat Dorsey \| There's an old saying about annual reports that says they're best read backward, starting with the footnotes. If you approach Michael Murphy's Every Investor's Guide to High-Tech Stocks and Mutual Funds in the same fashion, starting with the acknowledgments chapter, you'll find out that Murphy "took a triple dose [of LSD]" and subsequently robbed a bank in the mid-1960s... Unfortunately, Murphy doesn't just run a bad fund; he's also written an underwhelming book. After starting off with the bold assertion that an investor's technology allocation as a percentage of total assets should be "100 minus your age," he goes on to state that half of every investors' technology allocation should be in biotech. Although I'm not sure how appropriate it is for 75-year-olds to have 25% of their assets in technology, Murphy is pretty blas‚, because "thanks to biotechnology, you're going to live a long time." Here is the rest of the review: news.morningstar.com LOL Jim