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Biotech / Medical : Imclone systems (IMCL) -- Ignore unavailable to you. Want to Upgrade?


To: cyberman who wrote (1894)1/24/2002 5:20:40 PM
From: aknahow  Respond to of 2515
 
I don't buy into the idea that problems for one company in a sector automatically mean the whole sector is condemned. In general sectors are dependent on economic conditions. The biotech sector is different. Problems for a competitor are not bad for those who compete with it, unless the problem is specific to a type of drug. And to a lessor degree all biotechs compete against one another for the attention of investors. Am aware this is not an accepted view. I only know, that in the real world, my heart, leap for joy with the demise of any foe!