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

To: Biomaven who wrote (21172)	9/6/2006 4:21:00 PM
From: IRWIN JAMES FRANKEL	Read Replies (1) \| Respond to of 52153

>>I often have wondered if an outfit like Fidelity has ever "peaked" at the investment decisions made by its customers. I have thought about that too. I bet they do follow the accounts. On this issue my paranoia runs so deep you may want to call me TexasDude in the future. :-) ij

To: Biomaven who wrote (21172)	9/6/2006 5:14:01 PM
From: Arthur Radley	Read Replies (1) \| Respond to of 52153

First...I go out of town for a couple days, and upon my return I hear through the "grape-vine" that another poster has threatened to use my copyrighted name...TexasDude. It is also rumored that he refered to me as TexassDude...if found to be true, I will hire a lawyer and sue that individual for putting me on reality TV. (:>) As for brokerage houses looking at your investments...Yep! They do ....especially if you have a "street name" account. But in reality it doesn't even have to be a "street" account. 1) If you have a margin account, if you place a trade, they will immediately tell you what the margin is for that particular stock....so they must know what the stock is! 2) If you place a trade and your brokerage firm has the stock in their account, they will merely transfer it as a book-book trade...again this lets them know what you are buying or selling. 3 But mainly, if you have a "street" account, it is the brokerage firm that actually holds the stock so they know on daily basis what they hold as an asset. For example...if you are short a stock and the stock issues a dividend, the brokerage firm will immediately debit your account for the dividend amount. Yep.....Big brother isn't the only party that monitors what we do!!

To: Biomaven who wrote (21172)	9/6/2006 5:23:40 PM
From: OldAIMGuy	Respond to of 52153

Hi Peter, I've managed to do okay with my various biotech investments over time. There's a couple of rattlers in there but the majority proved to more than amply make up for the snakes. Currently I've been lazy using IBB as proxy for the sector. RED = Cash; BLUE = Equity Value This account was started in 09/02 and has done okay over time. However, it shows just how low the volatility or speculation has been in this sector for the last three years. Not much in the way of either buy or sell signals going on. Just one buy and one sell in the last 12 months. Best regards, Tom