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To: BubbaFred who wrote (34677)6/3/2003 1:38:46 AM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hi Fred, <<biotech wanabees ... "new economy" talk for justifation of the 100 to 1000 pe's>>

Not wanting to be left out when the boat pulls away and train leaves platform, I did Message 18958019
(f) Bought some Genentech uk.finance.yahoo.com at the newly inflated momo price of USD 53.79, wanting to feel participative;

... and I would like everyone to believe that we are in a New New Economy, where the FED explicitly guarantees that equity value will not fall, bonds will not fail, and so obviously stands behind the promise of 1000 pe's ;0)

Chugs, Jay