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

To: Vector1 who wrote (3171)3/23/2001 12:19:57 AM
From: Jumper  Respond to of 52153
 
>>Its a bear market.<< Yep, and what sector has pricing power?

Drugs Baby - Even the appointed one loves 'em



To: Vector1 who wrote (3171)3/23/2001 9:36:01 AM
From: Biomaven  Read Replies (2) | Respond to of 52153
 
V1,

Well I'm not brave enough to jump in here in any size. I've been nibbling though - just bought some PRCS and (for the first time ever) some IMNX after its plunge. I've always felt (mostly incorrectly) that IMNX was over-priced, but I think this is a good spot to buy some. Their pipeline is looking thin now, but then they have well over a billion in cash to fix that.

Peter


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