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

To: scaram(o)uche who wrote (4334)	7/19/2001 5:27:14 PM
From: IRWIN JAMES FRANKEL	Read Replies (1) \| Respond to of 52153

"I'd recommend about two years of study before striking out on your own in biotech." I like your choice of words. After two years of study one can "strik[e] out" in biotech. Shouldn't you add that the successful biotech investor should obtain an M.D. or preferably a PhD? Perhaps we should also have post doctoral work as well? An MBA would be helpful in understanding the business issues and a law degree would help with the IP patent suits. It would also be helpful if one had a spare 30 hours per week to devote to keeping up on the stocks being followed. Add to the above - nerves of steel, an inquiring mind and a minimal sum to start investing. Now that I think about it - RCM Biotech Fund - MAY just have something to offer. ;-) The above may not be as big a joke as it appears. ij Some other comments for new investors: Message 15877983