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Biotech / Medical : Pharma News Only (pfe,mrk,wla, sgp, ahp, bmy, lly) -- Ignore unavailable to you. Want to Upgrade?


To: zyx1996 who wrote (1646)2/25/2000 3:54:00 PM
From: Laurens  Respond to of 1722
 
Beats me too Zeren, but then, these are mad days. Even the solid big banks shuffle lots of their assets now into new upcoming dot.coms.
Brokers fall over to point out that a basket of solid (?) tech tocks will beat the rest of the market, including drugs, for a long time to come.May be so, but common sense will return some day....



To: zyx1996 who wrote (1646)2/25/2000 4:25:00 PM
From: gunhyun  Read Replies (2) | Respond to of 1722
 
Biotechs are hot because they have potential to be huge!
Remember that a single drug can bring in billions.
Even a phase 1 candidate can make them targets for takeovers. Remember all value is future value.



To: zyx1996 who wrote (1646)2/25/2000 9:19:00 PM
From: runningelk  Read Replies (3) | Respond to of 1722
 
BMY and JNJ could almost be considered Biotech but with a conservative valuation.

JNJ purchased Centacor recently, greatly increasing their pipeline potential of cutting edge drugs. The potential of this, like most biotechs, is years out, but they have real products coming out that should only propel earnings and growth.

BMY is in a race to develop the next Taxol cancer drug, and looks like it will win with its research. This could be another blockbuster for them and we should be hearing soon.

The only biotech that interests me and that I own is Amgen with 2 potential blockbusters on the way by year end. I am also putting my kids into this one on any dip.

Stay in touch.

Runningelk