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


To: Richaaard who wrote (1078)3/6/2000 1:17:00 PM
From: Mike McFarland  Respond to of 4474
 
*OT* Glad to see another great day for biotech,
GZMO was way up, oh! But I don't have any extra
shares for trading, I just have the "don't_you_ever
sell_that_last_batch_rememeber_Ariad?!" block.
All my trading money is tied up in Gliatech. Maybe
glia will not work out, but it sure looks like a
no brainer.

I don't really trade CNSI and KDUS, the former
has just too much possibility for upside, and
what I have in the latter is paid for several times
over and I'm willing to wait a few years, see what
comes of this living chip. (and I know, I know,
everbody else owns it for other reasons, but I
don't care if I'm right for the wrong reason).

I did sell something like 2% of my cnsi today,
I know it is silly superstition, but I have found
if I throw a little sacrifice back, the stock
runs up nicely. And I needed just a little more
cash for my first 1/4th of Boeing. Did the same
with SNAP, miscalcuated and needed a little more
cash for some more Burlington Northern, so threw
away an odd lot--immediately up. It is good Karma
I guess, ha ha.

I am not rushing into old economy value however,
my WM seems to have turned the corner, but I am not
saying we have seen the lows in BA, BNI etc. We
may not see the lows in old economy til tax loss
season. Likewise big pharma, I've put money into
SGP and AVE recently--but hasn't done anything for
me yet.

Biotech will very likely remain the hot sector,
just like the inets did last year, much longer
than anybody imagined. I'm probably still 2/3rds
biotech.