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Biotech / Medical : Biotech success, 2002 -- Ignore unavailable to you. Want to Upgrade?


To: Miljenko Zuanic who wrote (58)4/30/2002 6:54:06 AM
From: dalroi  Read Replies (1) | Respond to of 117
 
Miljenko

i think they're playing a poker game
ie
They look at how low first secund and third tier biotech can drop (are dropping)

so it becomes easier for them to buy them
1-2 years ago it was impossible to buy a mlnm at 30$/s sepr at 24$/s
incy at 20 $/s

now those figures would be a lofty premy to the MC so lots would sell

there is only one problem with this strategy which worked well till now.
Thats when the feeding frenzy start not one of the biggies would be left alone.

think its time to make a possible takeover targetlist
Just like Peters munch list

gonna try to set one up

ELN
SEPR
MLNM
GILD
VRTX ??
celltech ?

my favorite would be eln
1/ earnings
2/ lot of small biotech investments
3/ price beaten down by accounting but once a biggie takes them over that shouldnt be a problem

first tier still to expensive for munch

cheers

Stefaan