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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Dave Feldman who wrote (85356)	11/13/2000 5:50:51 PM
From: Knighty Tin	Respond to of 132070

Dave, I saw it and remember expressing similar thoughts myself about many of the biotech names early this year. I don't think the industry is in trouble, but the favorites have been way overbid relative to the average biotech co. So, we are sitting was many fluff valuations and many great values. Today, the market took them down, pretty much without discerning, tossing the chaff and the wheat in the same fire. I think that will rectify itself over the next couple of days. I like the fact that HQH beat HQL during the past year. And still think it represents good value. It is not a raging steal as in was in 1997, but it is a nice, discounted basket of values and a good way to have automatic diversification.