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


To: sammaster who wrote (6544)6/11/2002 8:49:42 PM
From: Elmer  Respond to of 52153
 
Adam states the obvious once again
thestreet.com

Excepts he says at the end of the article
"And with little confidence in biotech earnings and growth forecasts, it doesn't matter how cheap these stocks get, investors won't be buying anytime soon (a topic TheStreet.com broached last Friday)"

Now that's not just obvious that's stupid. Many of the mid caps are NET/NETS with extraordinary growth prospects. Prices like these are as rare as Warren Buffett's interviews. The smart money will be buying and soon.