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


To: Biomaven who wrote (21174)9/6/2006 4:46:38 PM
From: rkrw  Respond to of 52153
 
As someone who worked (among other trivial things there) filing papers at Fido when I was in college I can tell you that I "peeked" at what the fund managers were doing. :-) I don't think they can get away with it today but you'd be surprised (or not) how active some of the pm's traded their own personal accounts. Talking some serious $1B+++ fund mgrs daytrading on the side. Amazed me they had the time. Extent of compliance back then was this temporary $7/hour guy taking the stacks of broker reciepts and filing them. :-)



To: Biomaven who wrote (21174)9/6/2006 5:08:33 PM
From: IRWIN JAMES FRANKEL  Read Replies (1) | Respond to of 52153
 
OT

It does appear that oil production from traditional sources has peeked.

This new find (3-15b brl) in the gulf makes DVN with a 25% share look cheap.

ij

wink wink