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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: besttrader who wrote (22534)5/12/2001 12:02:29 PM
From: Wes Stevens  Read Replies (1) | Respond to of 37746
 
If you pay attention to p/e on emerging biotechs you will never buy one.



To: besttrader who wrote (22534)5/12/2001 5:25:18 PM
From: GREENLAW4-7  Respond to of 37746
 
Nite, first of all on a historical and scientific evaluation of CRUDE API should start to show draw.

Secondly Yes PDLI has an ubsurd PE, but look who competes in that space? Look at their growth rates, and look at the aging population. Health care and these GENO/PROTEO stocks will be IBM, DELL, and CSCO's of the next 10-20 years!