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Biotech / Medical : biotech fireworks -- Ignore unavailable to you. Want to Upgrade?


To: tuck who wrote (1048)6/16/2003 1:23:15 PM
From: tuck  Read Replies (1) | Respond to of 7424
 
Also HBIO up 20% on average volume and no news for almost a month. Some trickle stocks have been catching a bid over the last couple of days, with a GS analyst and a Lehman analyst both saying macro conditions are improving. Perhaps they see pharma spending finally picking up. Academic labs are belatedly receiving their NIH funding, too. And biotechs have been able to issue lots of converts lately, and will have to spend that money somewhere.

Cheers, Tuck