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: Biomaven who wrote (1915)	11/1/2000 10:56:17 PM
From: Miljenko Zuanic	Read Replies (1) \| Respond to of 52153

Peter, Indeed this type of irrational exuberance is first sign for: 1. Mortgage the house for short period, and/or 2. Prepare defensive approach. I am for 2. Miljenko

To: Biomaven who wrote (1915)	11/1/2000 11:01:23 PM
From: Jim Oravetz	Read Replies (2) \| Respond to of 52153

Much of bubble activity started just about the middle of December last year. IMO, lots of cash coming out of the internet sector helped drive the upward direction of this sector. Given the way the tech sector has been wrecked by all the recent muddled and often contradictory analysis there is again money on the sidelines. Perhaps the biotech sector, with its few rather noteworthy "immune" stars, will see big cash flows coming its way again - soon. This post (http://www.siliconinvestor.com/readmsg.aspx?msgid=14618501) quoting Gail Dudack and this snipet from the response from greedsgd: "Now for her to mention biotechs, now that is amazing. This could be more evidence that some of these lower priced biotechs are about to turn the corner and really breakout on the upside. This individual (Gail) I believe sees risks in putting cash in the bank." would also seem to validate the case that money managers are looking to park money in the biotech sector. Peter, your post certainly seems to give added credence to this issue. Jim