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


To: Torben Noerup Nielsen who wrote (419)2/29/2000 8:32:00 PM
From: Arthur Radley  Read Replies (3) | Respond to of 1142
 
With today's close, it ends two months for my 2000 biotech selections....now up 120% YTD. 6 of 10 are triple digit gainers and only one loser..USON.

Looking at my 1999 picks, the 14 month gain is 362%, with GLGC up a mere 1889%.

Now if this performance doesn't support "luck" and the need for diversification, I don't know what does.

I know we have talked "udder-nonsense" about NABI, but with a "lets suppose" scenario, given that they have several products in the pipeline and each addressing a huge market potential....here is a company with what may be construed as a current steady revenue stream and "maybe" on the verge of getting FDA approval within a year, just think what can be brought to the bottom-line for a product that might generate $500,000,000 in new revenue...remembering they have products now that cover their operating expenses and give them a profit. Do the numbers! Is NABI a mere $11 stock?