Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (14734)	7/3/2002 11:02:16 AM
From: Grommit	Read Replies (2) \| Respond to of 78673

FLM -- I joined you today. I hope the drop is an over-reaction.

To: Paul Senior who wrote (14734)	7/3/2002 12:51:33 PM
From: Night Trader	Read Replies (1) \| Respond to of 78673

Anyone here taking an interest in crashed microcap biotech? At these levels share prices are often backed up with hard assets alone and you're essentially getting free call options on their pipelines with no expiration. I have admittedly no expertise with the science but I feel comfortable with the prices I got this and last week. I used factors such as high tangible book compared to burn rate, insider buying (particularly by top execs), low short position and time to profitability. The ones I chose (some are illiquid) are: BCRX KDUS.OB VGNX IMGN EBIO INSM BTRN MAXM VASO I also couldn't resist taking a small position in ELN yesterday.