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Biotech / Medical : 2000-Year of the Biotechs! -- Ignore unavailable to you. Want to Upgrade?

To: Mary Baker who wrote (317)	2/18/2000 9:44:00 AM
From: Jack Hartmann	Respond to of 1142

Mary, you want to try a Biotech mutual fund like Janus vs. picking one stock. I have found that holding 5-7 biotechs is the best way to get the best returns. One star can easily carry the other laggards. A new person usually picks a biotech that has run up tremendously only to enter on a correction. If picking a pick from a poster on this or any thread, you MUST check their track record by finding a documented price where they bought in on THE DATE they said they purchased it. Many people can say they bought a stock like SCLN at $2, but there is no post on the day it was two dollars. Only after it was up 400% do these braggart come out. These people have cost many lose several thousand dollars by chasing their foolishness. Also, any poster should be able to defend their pick without feeling affronted. This is why TexasDude has my respect. He posted the top ten list with accurate prices in December. Not every stock is up 50%, but his long term track record has been excellent. Good luck. Jack

To: Mary Baker who wrote (317)	2/18/2000 9:46:00 AM
From: Return to Sender	Read Replies (1) \| Respond to of 1142

Mary, the biotechnology sector has been so hot lately that I believe many of us are stunned by the performance. Having watched most of these stocks rise like rockets early investors are already enjoying tremendous gains. How long will these stocks continue to move upward in a group frenzy? Who knows? I guess the question is how much money can an investor afford to play with on a stock in this sector now? Answer: That is up to you. I would invest only what I could afford to lose. These valuations have been a long time coming. Pick and choose individual stocks very carefully. bullsector.com Best of luck. RTS