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To: Angler who wrote (2454)3/24/2000 11:15:00 PM
From: Julius Wong  Respond to of 4916
 
Angler:

The biggest biotech companies are of the size (in terms of market cap) of mid-size tech companies. Most biotech companies have are like very small tech companies, with market cap under $1B.

I bought 1000 shares XOMA in January at under $6 a share, 1000 shares ISIP in January at $7.50. Not my major holdings.

I like brokers. Yesterday bought EGRP and NITE.

Julius



To: Angler who wrote (2454)3/25/2000 11:05:00 AM
From: seminole  Respond to of 4916
 
Mr Angler

IMO, Biotechs are not for everyone. I look for companies with little or no debt and slow cash burn rates. I like companies with product sales and cash flow that can be used for new product developement. You don't want to give away winning research because your out of cash.


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