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


To: Jibacoa who wrote (2576)1/16/2001 2:44:31 PM
From: Ian@SI  Read Replies (1) | Respond to of 52153
 
Bernard,

My analyst upgrade comment was just a tongue in cheek poke at the Prudential analyst who, for some unknown reason, upgraded CRGN from accumulate to Strong Buy today after it was already up $6; and after the Bayer - CRGN deal was announced.

It would seem to me that the time to put a strong buy on BIOM is when the price is low rather than waiting until the FDA has ruled.

I guess for those who have a different time horizon than the analysts, there are huge opportunities.

best regards,
Ian.