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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Snowshoe who wrote (79490)6/15/2002 6:18:03 PM
From: limtex  Respond to of 99280
 
Snow - The tech revolution/exansion has only just begun.

Let me give you just one example you may have noticed quite a few shorts/doomsters posting here and knocking the biotech sector lately?

Well just imagine you were one of those guys happily spending your days slagging off US scientific companies and you suddenly get a call from your doctor that you have terminal cancer and your predictions on the market and opinions of gloom will within six months be rendered irrelevant compared to your suddenly new found worries about the unpleasant crew of insects that are about to eat your remains which are are about ot be stuck in a cold dark wooden box six feet under the ground.

Now just imagine that a minute or so after the call from your doctor you get a call from your broker who tells you that to buy stock in a new biotech at a P/E of 2,500 but which will produce a new drug that will come to market in five months time that will save your life.

Question... Do you still slagg of the US biotech stocks and post LOL or ROTFLOL when someone posts that they might recover?

Best,

L