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


To: Biomaven who wrote (4613)9/6/2001 3:51:38 PM
From: scaram(o)uche  Read Replies (1) | Respond to of 52153
 
>> Unfortunately when a big ship sinks (more-or-less) innocent bystanders (like biotech) may get dragged down with it. <<

1. Many would consider MLNM the nearest thing to a "proxy of the heart" for small cap bio investors. It's 73% off of its 52 week high. That's three of every four "believer" dollars, *poof*.

2. There are good companies that are selling at a discount to cash in the bank.

If there's more blood in this stone, I'm going to be enriched as a result of the harvest.