Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Biotech Jim who wrote (2324)	3/3/2001 1:28:50 AM
From: Miljenko Zuanic	Respond to of 4974

Jim, <<I am a bit surprised that you are going to margin already.>> I am not, at least I will pretend that am not. <g> My track record show that am early in many cases (ahead of market), but also that I do stick where is glue to stick. Timing market is more difficult than selecting winners, imo. So, here is why I am again on margin, FWIW (if anything at all). 1. I think that +70% of bios (small, mid and large) did reach bottom, for now. 2. Bio-sector is always, from additional volatility perspective and hard to stick with issue mentality, few weeks to few months ahead of the overall market. 3. Last year March bottom is good indicator for today decline. 4. For last few Qs we have steady rise in institutional holding, which indicate to me that excess of the available floating shares from last 18 months offering was absorbed extremely well, 5. Pick insiders selling was in Oct/Nov, and it lags about 4-6 months from sector bottom, 6. Gut filling. 7. Greed for quick profit. Miljenko