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Biotech / Medical : The thread of life -- Ignore unavailable to you. Want to Upgrade?

To: keokalani'nui who wrote (114)	3/21/2001 8:39:09 PM
From: Mark Bong	Read Replies (1) \| Respond to of 1336

Wilder, Cheer up!!!!!!!!!! Remember six or seven years ago when Dell just cracked down to $10 an share. Oh, the negative words that came out about Dell then. If you would have bought at that time, you would be smarter than you thought you were last year at this time. Use your knowledge, and you will (YES YOU WILL) be smarter and richer the next time. Biotechnology is an industry that will grow to great proportions just like computers, but it is now small just like DELL 7 years ago. Pick one good buy and you are home free. Pick more than one with the help of your fellow SI 'mavens' and breathe easy. Hang tough, really tough. Get that killer instinct going. You are a winner through and through. Cheer up!!!!!!!!!!!

To: keokalani'nui who wrote (114)	3/21/2001 9:21:10 PM
From: Mike McFarland	Respond to of 1336

Dreadful market. You are not on margin are you? A little perspective, might help you feel better: A month or so ago my wife and I dropped our Teevee subscription down to this really basic package of a few kids stations, PBS, 'Oxygen', and a couple of God stations. Anyway, one of the channels is called "Worldlink". worldlinktv.com I am telling you, the programming on that station is the cure for the goodbye-wealth-effect blues. I watched part of a documentary the other day--Bangladesh. This stuff could put even the most hardened short selling hedge fund bastard in tears. Extreme poverty. Tuberculosis. So...when I think about how those fellas at Genset contributed to, lessee, about eight percent of my wealth going away, perhaps forever, all I can say is I'm damn lucky I was born in the U.S. and have the luxury of getting ripped off my Mr. Stock Market. They said a third of the wealth, something like $12Trillion, that was generated in the 1990s has gone away so far. Greenspan should have gone in front of Congress five years ago and had them increase the cap gains tax. That would have been a much better way of deflating Wall Street then letting it rise, then crash. And we could have spent the money on Bangladesh, or whatever. Anyway, I nearly bought 2000 shares of Genaissance the other day...well I checked the quote tonight, and whack! That's a few grand that is still in my pocket, thank goodness--I'll have to see if the wife will go for a third world charity. Why piss it all away on this market? About a third of my assets are in stocks, and each day they get raided by Mr. Market. What a waste.