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

To: Meridian who wrote (459)	10/28/1997 10:13:00 PM
From: Giuseppe Scalamogna	Respond to of 752

My pleasure Brian, In regards to today's close...it was good to see some strenght in the stock and the Biotechs build throughout the day...BUT again, the Biotechs lagged the Major Indices. Also remember, on the day of the selloff the Biotechs were one of the hardest hit groups. Net effect of the two days...the Biotechs are much worse off than the industrials. The flight to quality issues I think here is quite blatent. Those investors that have opted for it I think will pay for it in the long-term. Lets see how the rest of the week shapes up and lets hope the Biotechs can gain back some ground. GS