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


To: Rocketman who wrote (5739)10/8/1998 12:40:00 PM
From: scaram(o)uche  Read Replies (1) | Respond to of 9719
 
>> Seems like panic has ensued <<

Sure wish I had some cash. John Metcalf foresaw this, and largely went to cash last Fall. I'm currently applying for a position as his Butler/Chauffeur, starting Fall '99.

For those of you who are flush.... go!



To: Rocketman who wrote (5739)10/8/1998 3:41:00 PM
From: scaram(o)uche  Read Replies (2) | Respond to of 9719
 
>> Seems like panic has ensued and there is blood in the streets! Look out belowwwwwwwwwwwww!!!!!! <<

Dave:

Agree with you, and don't want to buck the general warning. However, it would be a shame for long-suffering biofreaks to not be aware that biotech is a leading indicator......

exchange2000.com

I honestly believe that, for certain second- and third-tier biotechs, it just can't and won't get any worse..... that buyers will finally materialize.

Note this disclaimer..... I've had my share of luck recently, playing some nice options to counter big losses incurred in my "biotech can't get any worse" portfolio.