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To: Tom Trader who wrote (13880)11/10/1997 6:52:00 PM
From: Nancy  Read Replies (2) | Respond to of 50167
 
Tom & Michael,

I dont like how brokerage stocks behave today, particularly MER which back to its sell-off low.

More and more stocks went back to sell-off lows and beyond in tech land but this is the first time financials did that.



To: Tom Trader who wrote (13880)11/11/1997 3:13:00 AM
From: Michael Rich  Respond to of 50167
 
Hello, Tom,

Those are the large biotech co's (prices reflect the close on 11/6):

Ticker Company Name PE Cap ($MM) Last Sale Net +/- Volume
-----------------------------------------------------------------------------
AMGN AMGEN 19.3X 14,483.9 51 9/16 -1 5/16 2,146,700
GNE GENENTECH, INC. 62.0X 7,187.4 58 5/16 -1/16 34,300
CNTO CENTOCOR CO. 98.1X 3,629.0 52 2 9/16 4,076,000
IMNX IMMUNEX CORP. - 2,888.9 72 7/8 7/8 347,300
BGEN BIOGEN 30.1X 2,459.3 34 5/8 -1/2 413,900
GILD GILEAD SCIENCES - 1,069.1 38 1/2 1 7/8 680,700
MEDI MEDIMMUNE INC. - 850.7 40 1/8 1/2 200,300

You know AMGN/BGEN/IMNX. GILD works on HIV drugs primarily.
GNE in cancer. MEDI in infectious diseases.

You may also want to read this article re new cancer drug
development:
biz.yahoo.com

There are a lot of small biotech co's. I follow LGND, AMLN,
GZTC and HGSI. I especially like HGSI.

In the service area, I like QTRN & INCY. QTRN...a bit pricy
but solid company. INCY is in the hot genomic database
business.

Take care.