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To: Al Serrao who wrote (17365)3/11/1998 10:55:00 AM
From: Beachside Bill  Respond to of 50167
 
BTW... anyone like NN... very nice even at 25. NWX had a nice bounce on queue. Target...low to mid 30's. Will take profits on any ST pop above 30.



To: Al Serrao who wrote (17365)3/11/1998 10:58:00 AM
From: Nemer  Read Replies (1) | Respond to of 50167
 
Al:

---->Anyone watching the Biotechs?

I found this late last night on Yahoo and thought you might find it interesting, as I did.

biz.yahoo.com

My broker and I had an hour long discussion yesterday concerning biothechs and the difficulty associated with finding a good one.
FWIW, our "expert" opinion was a shotgun approach was the best way----take the amount of money desired to be invested and buy your own market basket biotech group of about ten to twelve stocks.....
In five years, two should be home runs, six will be broke/gone and the rest will be just holding on.
The home runs should pay for all and still make good money for the total invested.

Regards---Nemer