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Biotech / Medical : The thread of life -- Ignore unavailable to you. Want to Upgrade?


To: Mike McFarland who wrote (221)10/3/2001 1:09:44 AM
From: SpekulatiusRead Replies (1) | Respond to of 1336
 
It looks like biotechs are recovering again. My switch from MLNM to HGSI for tax loss reasons looks like a mistake right now - HGSI is moving less than MLNM.
The same strategy worked well for MEDX and ABGX however. I intend to do some bottom fishing in small caps, that appear to be falling in the liquidity trap or a tax loss hole. I bought already some DPII and caught some TTP at today's low at 5.25! Also on my buy list: GZTC, DDDP, CELG<24$, AMEV.
The guys from VGNX could increase shareholder value by selling their sequencers and starting a money market fund with their cash on hand.
A lot of companies with interesting technologies are trading for their cash on hand or a little more or less.A feast for vulture investors!