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


To: scaram(o)uche who wrote (2104)11/13/2000 9:47:10 PM
From: SpekulatiusRespond to of 4974
 
Well, I felt like being in the candy store today.
A lot of stocks hit the buy targets that I have set a few days ago - I got back in my old buddies BCHE and INCY and ventured into LEXG and AXPH for the first time.
Gruss et al. were indeed right that many of the biotech bellweather (IDPH, HGSI,PDLI) were looking fat recently, but an across the board selloff for the biotechs is unjustified, as long as companies with world class research and drugs in the clinic can be found for less than 200M$ market cap, IMHO.
Of course my feast in the candy store may cause indigestion when the above stocks go down even further tomorrow <ng>.