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Biotech / Medical : Biotransplant(BTRN) -- Ignore unavailable to you. Want to Upgrade?

To: Arthur Radley who wrote (108)	10/8/1998 12:12:00 PM
From: Mike McFarland	Respond to of 1475

Somebody out there must be getting margin calls or something--yesterday I got whacked in aria, today btrn... What can you do but shake your head and figure that btrn has a reasonable chance to be a ten or twenty dollar stock five years from now. I expect (hope) that two or three of my six bottomfished biotechs will do that. This is just the sort of market which will separate a lot of people from there shares, at just the worst time you would want to be selling. Of course I'd always told myself that I'd sell as losses reached certain thresholds, but now I pretty much feel like a deer in headlites. I think I'll just try to ignore everything, try to do my roth conversion after the hammering goes on a bit more, and hope to ride out the storm. Another month of this it will be time to buy more, if that time is not already upon us. --MM

To: Arthur Radley who wrote (108)	10/8/1998 12:13:00 PM
From: scaram(o)uche	Read Replies (1) \| Respond to of 1475

Utility? Chuckle. Yup, depressing. However, for those with some cash reserved (or left), this "sector hit" is a gift. It's a hit on top of the irrational hits. I have a friend, a regular biotech contributor to SI, who went largely to cash last Fall. He's soon going to be much wealthier than the average bear. On topic..... the relative performance of Kurt Von Emster...... 3rd Quarter Mutual Fund Report Performance (Annl.) SYMBL SECURITY SECTOR CLOSE 3rdQ 1 YR. 3 YR. -------------------------------------------------------------------------- FBIOX Fidelity Selects: Bio [Health] 31.53 +0.3% -0.9% +11.6% FBDIX Franklin Biotechnolog [Health] 21.15 -10.6% -20.3% NA FKGHX Franklin Class I: GlH [Health] 14.62 -17.7% -29.2% +5.3% Specialty-Health........................ -6.7% +1.4% +17.0% Dow Jones............................... 7,843 -12.0% +0.4% +20.2% S&P 500................................. 1,017 -9.9% +9.0% +22.6% Nasdaq.................................. 1,694 -10.6% +0.5% +17.5% Russell 2000............................ 364 -20.2% -19.0% +6.9% --------------------------------------------------------------------------