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To: brk who wrote (18815)2/6/2001 2:56:13 AM
From: rx4pain  Respond to of 19374
 
brk-IMNX, don't know what to do with it. Certainly appears to have bottomed. Temporarily anyway. Downtrend for at least last 6 months. Steeper downtrend since middle of December. Doesn't really fit into the old school pharmaceutical sector. Not genomics. Definitely biotech, but only 1 of a handful making money. However, profits are entirely constrained by supply, and they can't increase supply for at least a year.(For Enbrel). Couple a 135 PE with no growth, and you got a downtrend confirmed on a graph. Oversold? I don't know, looking elsewhere in the mean time.
Rx