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Biotech / Medical : Millennium Pharmaceuticals, Inc. (MLNM) -- Ignore unavailable to you. Want to Upgrade?


To: scaram(o)uche who wrote (441)12/3/1999 8:06:00 AM
From: Elmer  Read Replies (1) | Respond to of 3044
 
You are right about "Bozo time." However, most hot Internet companies are going public with market caps of $3 billion plus. Without products, revenue and earnings, it's hard to see this climb a lot more, but who knows. The daytrading crowd only cares if it was up yesterday.

I'm long but have puts.



To: scaram(o)uche who wrote (441)12/3/1999 9:59:00 AM
From: biowa  Read Replies (1) | Respond to of 3044
 
Rick and Peter,

You're both right. You can get there before the analysts (publish). And it is "Bozo time."

This is an unbelievable move based on MONTH AND A HALF OLD NEWS, that I'm sure we all saw and that was even posted here on SI:

Message 11689274

And I, probably like others actively involved/following the human genome efforts, said, "yeah, so what? Known it was coming..."

What's new here? Nothing really, just an awakening of some slow learners. Remember, though, this is mo-mo; IMO the new investors won't be happy when they discover it takes more than 3 months to turn these discoveries into genes. It's happened before in biotech-land...

OK, I'm done with my prophet/wet blanket tirade; you can take me out and stone me now.

BTW, MLNM is a top-notch company run by some of the best people in the industry...so please use small rocks.

biowa