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


To: Biomaven who wrote (14417)12/2/2004 12:08:34 AM
From: zeta1961  Respond to of 52153
 
By Golly..someone heard you Peter? I haven't checked/too lazy right now to check how much it hemorraged today(typo seems appropriate<g>)Funny story..in '02 when I started subscribing to every investing list I can get my name on..I started getting what seemed like spam with headers, "Invest in the Euro" or "you can make a gazillion dollars if you invest 10K in Euros TODAY!!..I deleted them..was clueless about the currency markets..today...hmm..If only I'd heeded...!!

What are you doing up so late?<g>

Z..



To: Biomaven who wrote (14417)12/2/2004 10:25:18 AM
From: Sam Citron  Read Replies (2) | Respond to of 52153
 
Can anyone explain why ENZN is up while its partner INEX is plummeting on MARQIBO ODAC outcome?
biz.yahoo.com



To: Biomaven who wrote (14417)12/3/2004 12:58:17 AM
From: John Metcalf  Respond to of 52153
 
>It occurs to me that there's an easy way to solve the drug pricing discrepancy between the US and Europe.
What if we were to just let the dollar decline against the Euro... <

Peter, you are more influential than you think. Greenspan and Snow and the Chinese central bankers have heard you! All have commented in the past week in regard to countenancing a SLOWLY falling dollar.

I hadn't thought of using drug prices as an indicator for cross-border rates, or for inflation. Drug prices seem way too manipulated, politically and economically, to say much about The Wealth of Nations. The price of oil, denominated in Euros, is my Macro indicator of preference. It gets little notice, partially because Europe taxes oil so heavily that the price of the underlying commodity is not as significant as it is in the USA.

For those interested in following the unfolding story of how currency rates move to accomodate global economic changes, I recommend Chuck Butler's free column, "Daily Pfennig". everbank.com



To: Biomaven who wrote (14417)12/7/2004 12:15:09 PM
From: nigel bates  Read Replies (1) | Respond to of 52153
 
The disappearing dollar
(Dec 2nd 2004 The Economist)
economist.com

"...THE dollar has been the leading international currency for as long as most people can remember. But its dominant role can no longer be taken for granted. If America keeps on spending and borrowing at its present pace, the dollar will eventually lose its mighty status in international finance. And that would hurt: the privilege of being able to print the world's reserve currency, a privilege which is now at risk, allows America to borrow cheaply, and thus to spend much more than it earns, on far better terms than are available to others. Imagine you could write cheques that were accepted as payment but never cashed. That is what it amounts to. If you had been granted that ability, you might take care to hang on to it. America is taking no such care, and may come to regret it..."