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Biotech / Medical : Small Cap Foreign Biotech -- Ignore unavailable to you. Want to Upgrade?


To: A.J. Mullen who wrote (46)3/1/2000 4:02:00 AM
From: nigel bates  Read Replies (1) | Respond to of 363
 
As far as I know, no web address.
I agree entirely with your point on discount. However,
1)the net asset value is calculated (guesstimated) taking the unquoted investments at cost. These were all made well before the recent renaissance of the biotech market, so I'm betting they could be seriously undervalued on that basis.
2) It's always better to buy at a discount than a premium, and some of the biotech investment trusts are at premiums today.
nb NOT a suggestion for anyone to pile in - do your own DD.

nig