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


To: Biomaven who wrote (5061)12/5/2001 9:51:03 AM
From: IRWIN JAMES FRANKEL  Read Replies (1) | Respond to of 52153
 
Hi Peter,

I understand. These managers would like to beat the average they track slightly but I doubt they will go out on much of a limb to do so. Even a significant outperformance would be suspect. I think they rely on agreements with MM's or hedge funds to acquire at a price equal to the close on 12/21.

ij