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

To: scaram(o)uche who wrote (3121)	3/17/2001 1:08:25 PM
From: Vector1	Respond to of 52153

Rick, Valuations is the sector have become compelling. The best companies are long term plays and the risk/reward is the best it has been in 2 years. NO GUTS NO GlORY. I purchsed a substantial position in CBST at 23 last week. Looking at a number of others most of which are already in the VD porfolio. INCY is close to cash value. This is not a game for the faint of heart because it could get worse. However, most of these stocks business models are independent of the economy. V1