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

To: kendall harmon who wrote (2501)	1/11/2001 2:06:09 AM
From: greedsgd_2000	Respond to of 52153

Merrill Lynch: - last seen on the HMS TITANIC - JUNK ETAIL EXPRESS. Amazing how some of these big houses were out pushing those pathetic junk etails as recently as 12 to 18 months ago - ironically at a time when many quality biotechs were at bargain levels for long term investors. Now we have the same folks trying to proclaim biotechs as simply disguised JUNK ETAILS - when in fact probably 9 in 10 had nonsensical business plans, insane "bail early" venture partners, and were primarily founded and run by a bunch of arrogant, self absorbed, no experience 20 somethings - most thinking they were reinventing the wheel. Biotechs may have their dips now and then, but they are a far cry from the amazing internet junks that IPO'd the last several years. Merrill Lynch has lost most of its credibility.