Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : VD's Model Portfolio & Discussion Thread -- Ignore unavailable to you. Want to Upgrade?

To: Vector1 who wrote (4388)	3/18/1998 4:01:00 PM
From: Andreas Helke	Read Replies (1) \| Respond to of 9719

I think most or all of the companies on the "Neuer Markt" defy normal valuation. But most of them are only listed in Germany where individual investors can not sell short. A company that probably went up because it is a candidate for listing is Pfeiffer Vacuum (PV) which is currently listed on the NYSE. And it even has a relation to biotech because its vacuum pumps are used in biological labs. The most amazing company for me is Mobilcom which went public one year ago for 62.50 DM. First trading price was 95 DM. Intraday high 2 days ago was 1800 DM. 28x your capital in one year is not a bad return. Today it went down to 1200 DM. There are analyst reports that claim that 1200 DM is a fair price. If you want to check that market go to neuer-markt.de Andreas