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

To: scaram(o)uche who wrote (10804)	3/4/2004 1:04:15 PM
From: Ward Knutson	Read Replies (1) \| Respond to of 52153

I did not mean to criticize your style at all, and certainly not your track record - for it has only been of tremendous benefit to me. Just making a point that absolute dollars is not really an accurate basis for performance evaluation. Though I do understand the ability, or level of comfort in, taking an oversized position for an all-but certain short-term gain of size. If absolute dollars on any trade was all that mattered you would be forced to swing trade high priced equities like MOGN :-)