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Biotech / Medical : Insite Vision Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Robert Mayo who wrote (589)12/24/1997 12:09:00 PM
From: Todd  Read Replies (1) | Respond to of 1060
 
Thanks Robert, your posts are always very appreaciated.



To: Robert Mayo who wrote (589)12/24/1997 5:25:00 PM
From: bob s  Read Replies (1) | Respond to of 1060
 
Robert/Todd-My post a couple hours ago wasn't meant to blame you for my being down a bunch as obviously you don't decide what I buy or sell. The thought just occurred to me to clarify that. I was merely stating that this whole biotech area (for the most part) has been a disaster for many and tax selling may not be the basic reason for the slide. The good news is we should know by the end of January since most biotech investors have a pretty good idea of what the expected deals and/or FDA approvals might be in 1998. The timing and uncertainty of future profits is so distant and many of these companies (INSV) are so small and essentially run by a scientist or two that they don't make sense as investments that can be analyized in
any traditional way. Happy holidays! Bob