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Biotech / Medical : Biotechnology Value Fund, L.P. -- Ignore unavailable to you. Want to Upgrade?


To: nigel bates who wrote (2083)11/3/2000 2:16:38 PM
From: scaram(o)ucheRead Replies (2) | Respond to of 4974
 
Geeeeeze...... Tom Costello on CNBC was just talking about the "concern" with the biotech sector..... that every other sector on earth (loose paraphrase) had corrected, but not the biotechs.

This makes Motley Gruel, Arnhold Barfholder, Oscar Mayer, TheStreet.bomb, and Tom.

Why can't some of these "insightful" individuals/organizations pick stocks that are over-valued? As we've discussed, there are MANY over-valued stocks in the sector. However, there are many under-valued stocks too.

The rationale for all of these individuals....... "bandwidth stocks went down, so Krispy Kreme must be next!!!"

Shame on you CNBC.

There is a concerted effort to drive paranoia into the sector.



To: nigel bates who wrote (2083)11/3/2000 6:45:46 PM
From: scaram(o)ucheRead Replies (2) | Respond to of 4974
 
a pittance.....

Friday November 3, 5:39 pm Eastern Time

Press Release

IDEC Pharmaceuticals Announces Filing of a
Registration Statement for 2,000,000 Shares of
Common Stock

SAN DIEGO--(BW HealthWire)--Nov. 3, 2000--IDEC Pharmaceuticals Corporation (Nasdaq:IDPH - news) today
announced that it filed a registration statement with the Securities and Exchange Commission for a proposed offering of
2,000,000 shares of IDEC's common stock. In addition, IDEC will also grant the underwriters of this offering an option to
purchase up to 300,000 additional shares of its common stock to cover over-allotments, if any.

The public offering is being underwritten in the United States by Merrill Lynch & Co., Salomon Smith Barney and Banc of
America Securities LLC. Internationally, the offering is being underwritten by Merrill Lynch International, Salomon Smith
Barney and Bank of America International Limited. (snip)