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


To: opalapril who wrote (2037)11/13/2000 5:43:17 PM
From: Biomaven  Respond to of 52153
 
Chuckle. Well given the election and the market, we may as well enjoy some humor instead. :% (twisted smile).

TSC had some response to the Baron's article from Mike King (biotech is not internet) and David Saks ("great buying opportunity").

thestreet.com

The simple difference between the dot.coms and the biotechs is that the biotechs have a known business model that on average works. Individual biotechs will always be very risky. This does not mean that a basket of biotechs is fundamentally risky, although there will still be stock price volatility in the basket.

Peter