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Biotech / Medical : Elan Corporation, plc (ELN) -- Ignore unavailable to you. Want to Upgrade?


To: William Partmann who wrote (4420)5/28/2003 1:39:54 AM
From: Robohogs  Read Replies (1) | Respond to of 10345
 
Just to show how the recent past forms views on the perspective used to evaluate events, I am astounded by the moves being made in some of the bios. SEPR, ELN and MLNM all seem to have gone ballistic. This is because my view is colored by recent lows. But compare current prices to even 1 year ago, and they do not seem so unreasonable. They seem stunningly low if you move the viewpoint back to 30 months ago. I need this move to continue at the same pace for 100 years to get back to even. Ouch!

Jon

P.S. Sitting on recent cash from sales of other investments (LBO positions) and scared to put any to work. Cash now more than stock portfolio with bond investments about the same and mutual funds about the same and 401K about the same. I AM SCARED TO INVEST IN STOCKS! WoW!