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Strategies & Market Trends : Roger's 1997 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: DeWAVE who wrote (7019)	11/14/1997 9:01:00 PM
From: Pancho Villa	Read Replies (1) \| Respond to of 9285

Hi WAVE, RE: BTIM. Your advice is appreciated! I liked the street.com piece but this is by now means a sure short. Even if the views exposed in the street.com piece eventually prove to be right, the biotech sector is full of irrationalities. One may not want to be sitting short on BTIM as the PR machine takes you for a ride through the 20's, 30's, 40's, etc to finally be proven right 4 years down the road! If you are playing it long, though, it is not a bad idea to keep your eyes open! Rgards, Pancho