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Biotech / Medical : T/FIF, a New Plateau -- Ignore unavailable to you. Want to Upgrade?

To: scaram(o)uche who wrote (1226)	7/2/2002 4:10:29 PM
From: jayhawk969	Read Replies (1) \| Respond to of 2243

I will be more cautious on a go forward basis. Cash alone is not enough. Long term potential is, and for a long while, will be heavily discounted. Anything other than absolute disclosure will take a skeptical bite out of valuations. Strong ego's (SEPR) may be a signal that danger is lurking. After all most of the "crimes" being discussed today are a result of ego's that needed to be fed. Your comments about the political pressure on the pharma business takes another future bite out of valuations. And has the FDA raised the Bar. In the end opportunities will be created. However, more than ever your words ring true, it will be stock picking not sector picking.