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


To: Miljenko Zuanic who wrote (424)2/17/2000 9:31:00 PM
From: biowa  Read Replies (1) | Respond to of 804
 
Miljenko,

Sector did win first battle, but there is war going

Yes. Those of us who plan to be in the sector after the momo money moves on, should keep the long-term view that kept us going through the last trough. We should be invested in companies that we want to be owning in 2-3 years (though making money off the sector rally isn't all bad either).

Likewise, the companies that are going to succeed must take the same view. They should be raising enough cash to see them through lean years if they come; they should be pursuing strategic mergers/collaborations that make sense.

biowa