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Biotech / Medical : Aurora Biosciences (ABSC) -- Ignore unavailable to you. Want to Upgrade?


To: scaram(o)uche who wrote (241)12/20/1999 10:51:00 PM
From: Larry Liebman  Read Replies (2) | Respond to of 359
 
Pretty remarkable when you consider the tenor of the biotech boards just this Spring. I recall that prescient call by a biotech analyst that mini-caps were doomed to extinction. Looking at GENE, HYSQ, MEDX, CBST, etc., et al, I'm pleased to have played the contrarian. Now if ARIA would continue its mini-move........



To: scaram(o)uche who wrote (241)12/21/1999 2:42:00 AM
From: GeoDude  Read Replies (1) | Respond to of 359
 
Of course if one had been wise enough to buy in June (like it appears you did) during that short period where it was at $5 it is a triple. But on average the price for the year is $8 or $9. My average cost is $10.25. Started buying in January of 1999. The stock was 11 a few days ago (where I bought more) for a less than 10% return in 11 months. So for me (who obviously does not have your great timing) it has been a long time coming. Especially if I compare with my CELG (in at 18), NBIX (in at 5.90), MLNM (in at 26) and a few others which do not have .com in their name.

I understand what you are saying but there is always two sides (or more) to a story.

Now, do you know why ABSC shot up yesterday?