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Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?


To: Pseudo Biologist who wrote (7308)12/16/1999 1:10:00 AM
From: Mike McFarland  Read Replies (1) | Respond to of 9719
 
DCB--heheh, why not--free money. But I'd
be willing to part with my lousy thousand
shares if somebody could make a really
good case against owning it at $5. I am
not neccessarily recommending it for purchase
by the model portfolio--I just don't think
it is a good short--it's just the sort of
thing that could come along and bite you
with a breakthrough in a few months after
they've done their layoffs and tried to
look miserable for a few months while
insiders accumulate.

{PB: If I knew what the next Microsoft was going
to be I would not be toughing it out in biotech:-)}

Granted, if I average the gain I've scored for my
wife this year, and my gain, it is only 66%,
not even keeping up with the Nasdaq I think
--and not even close to keeping up with the biogurus,
so I'll defer to you fellas on this. I mainly just
wanted to speak up against the shorting idea,
just looks crummy, betting against success.

Yeah, maybe I should wait for all the post crash
votes to come in on Isis, but in the meantime, let's
see if we DCB back to $8...and then maybe I'll reevaluate.