Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: jayhawk969 who wrote (798)	3/14/2000 8:32:00 PM
From: scaram(o)uche	Read Replies (1) \| Respond to of 52153

The anatomy of a biotech rally never changes. We had some companies that were under-valued on either an absolute basis or (way under-valued) on a relative basis. They (generalizing) came down today, and they came down every bit as hard as (1) the companies that started the scare (CRA, HGSI, etc.), and (2) the floating crap. Every time the sector rallies, I hope for two things. I hope that crap won't float, and I hope that leveraged, big science won't come down as hard as hype when panic sets in. Never happens. Frustrating, but.... bottom line, the perfect setup for stock pickers. Easy money, yahooooooo!