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


To: rkrw who wrote (4022)6/6/2001 9:39:03 AM
From: Michael Young  Read Replies (1) | Respond to of 52153
 
Let's put this entire Cramer thing to rest, as it is boring everyone to death. My understanding is that the firm was up substantially last year, mainly because they played the short side in tech.

I don't think Cramer is any kind of biotech genius, not in the least. Most of the people on this thread know much more about these stocks than he ever will. I just like that he has said he wants to substantially increase thestreet.com's focus on biotechs. I think that is a good thing. Some people get pissed because they do negative stories on some biotechs. But that gives an insight into what the healthcare hedge funds are thinking, and counterbalances the incessant cheerleading from most analysts.

MIKE