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Biotech / Medical : T/FIF Portfolio -- Ignore unavailable to you. Want to Upgrade?

To: JOEBT1 who wrote (109)	9/18/1998 8:48:00 PM
From: scaram(o)uche	Read Replies (1) \| Respond to of 1073

Thanks, JoeBT. Some old-time biotechs sincerely pursued technologies that just didn't pan out, didn't look good when put into practice. Some management teams found a healthy route out of the situation. Others only had one trick, and elected to try to make that trick look better than it obviously was, while they found another technology. Those management teams, IMO, severely damaged the reputation of the sector, and cost early investors dearly. I occasionally find it wise to invest in such companies. Rick