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To: Wolf 2 who wrote (821)3/10/2000 7:44:00 PM
From: Duane L. Olson  Respond to of 4564
 
Wolf...of course you are right...any probabilistic model gets more and more accurate as it deals with a larger and larger population. But you can do that (get a larger population) simply by spreading your speculative risks around more issues, right? Which is why I buy all those small cap/microcap mutual funds -- But the methodology has SOME validity, regardless of population size -- all the way down to one. Your confidence measure for the result maybe a bit on the low side, however <G>
And, in case I overdid the enthusiasm (long-term, to be sure) for NERX, I would also note that the Cell Pathways approach to cancer prevention could end up taking away some of NERX' market..
finance.yahoo.com
So this is a crapshoot. But one I am willing to take, and thought you might have some interest. As usual -- don't bet the farm! <GG>
tso



To: Wolf 2 who wrote (821)3/10/2000 7:57:00 PM
From: Duane L. Olson  Read Replies (1) | Respond to of 4564
 
Actually, Wolf, perhaps we should throw both NERX and CLPA onto the table here and see if there is any broader interest. CLPA has had quite a run and is pulling back, but should be worth another look:
siliconinvestor.com
and NERX looked like it might get an "Al Bounce" (formerly known as a dead cat bounce) after that runup above 65:
siliconinvestor.com
Perhaps E! would take a quick look and check out our timing on these babies...she has been hitting everything out of the park lately..
tso