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

To: John Metcalf who wrote (656)2/20/2000 12:19:00 AM
From: Don England  Respond to of 52153
 
john, i understand the rotation, having come out of wireless and techs late last year to park in bios, but there is so much more money than that. was looking at some of the big name pharms, like mrk, and they had nice runs until march/april last year and died. maybe that money went to visit b2b-land.
money is hard for me to understand. if so much of this wealth has been created by the fed what has greenspan got to complain about? any idea what percent of our equities are owned by foreign interests, and how it compares to a year ago, or three? thanks, don



To: John Metcalf who wrote (656)2/20/2000 12:25:00 AM
From: Miljenko Zuanic  Read Replies (1) | Respond to of 52153
 
John,
<<And with all this progress on so many fronts, AMEX Biotech Index is only 150% higher than it was seven years ago on the day of Clinton's first inauguration. Sand dunes look tall until you see the Rockies!>>

Bravo, Bravo, and again Bravo!

What you said is in ours mind for some time. After many years of *dead horse* bio sector finally light up. And now, all who missed *train* are against.

Miljenko


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