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Biotech / Medical : Biotech Momentum- Dr. Jekyll/Mr. Hyde -- Ignore unavailable to you. Want to Upgrade?


To: dalroi who wrote (47)2/25/2000 12:14:00 PM
From: RWReeves  Read Replies (1) | Respond to of 55
 
You are right, and "relatively" is the operative term. Many Canadian and European equivalents do not mirror US valuations simply because they are well less known and only about 1 in 10 US investors will invest in "foreign" stocks.

You would think the mutual funds would take care of this apparent opportunity.

I just suggested MM to add NVTSY to his list. We'll see how they do when they show up as ADRs on the NYSE in Q2. Probably add 10% MC right there.

BTW I'm about 20% in Canadian issues, nothing current for Europe but have had a few in the past that got munched.

RWR