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Strategies & Market Trends : Action & Options- Taxikid plays -- Ignore unavailable to you. Want to Upgrade?

To: Blue On Black who wrote (3141)	12/30/1997 12:14:00 AM
From: Druss	Respond to of 4339

Lee--Biotechs do make for well heeled shorts. Only trouble with them is the general investors so often think they are investing in the next Amgen or Genetech and all they need to do is sit tight though the horrible news, lack of results, and the company officers fleeing the country and they will be richly rewarded. I got an E-mail off to you. I don't think WDRY has lost any merits as a short. Roger A. Babb even said he was going to bite on it. He normally only shorts techs. One virtue of it is there is no 'hidden' product ready to tear the world of profits apart. No Y2K solution or cure for AIDS or cancer. Basic business, coins going into washing machines. I will be home most of the day tommorrow if time is heavy on your hands. Second gear in my car is making a noise like a kid with a stick running by a picket fence. It will be at the mechanics for most of the day. All the Best Druss