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

To: jeffbas who wrote (261)	5/16/2000 2:12:00 PM
From: Mike McFarland	Respond to of 438

OT I don't have any shareprice targets anymore for any of the biotechs I own--I guess I realized that I own this handful of stocks on the hopeful expectation that in time they'll deliver on some promises--and since the timelines are long, and mainly we are trying to buy into good management, well I threw all that target crap away. Meltdowns do that too I guess. A few of these stocks seem to have these storehouses of value that maybe are not valued well by the market-- SAGE might be an example of that with Gizzmo, not that genomics has been adding value to biotechs lately. Keep in mind that if you take a bionewbie like me, put him on the internet and have him surf around a for a year--running a bunch of biojargon through the googleizer, he is likely to end up owning a bunch of biotechs like GZMO. I certainly don't have any special education or insight into biotech, just trusting that my nose doesn't lead me in the wrong direction (and that is old news for the gang that knows me here on SI--like to mark down that disclaimer from time to time). So, 5k shares to vote in Boston on the 25th eh, dang, sure wish all my biotechs would pull up their roots in move to Seattle. (Geeze, 5k shares--I must have got shook out of some of those between then and now, I keep getting all these proxies with 5000 shares on them--ha, the good old days when we could do no wrong in biotech!) Say, while I'm here--follow me back to the 2000 thread and have a gander at my "list"--then feel free to PM me with any thoughts--I suspect that I've gotten too diversified through biotech and that my biotech fund of sorts will now only track the biotech indexes, cursed! There was only a short period from November through January when I had a bunch of Ariad that I creamed the indexes--now I think maybe I cannot beat the sector in general. Message 13717022