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Biotech / Medical : Biogen -- Ignore unavailable to you. Want to Upgrade?

To: SFW who wrote (797)	12/23/1998 11:29:00 PM
From: MR. PANAMA (I am a PLAYER)	Read Replies (1) \| Respond to of 1686

This is a beautiful company and I have had an interest in it fer years...W Gilbert one of the founders , before he went into "molecular biology" was a Theoretical Physicist with a Professor of mine. He wanted to win a Nobel Prize and realized that T Physics was too difficult to guarantee it since theories take a long time to be verified and so he went in this direction which was far easier. His creation Biogen I have always considered to be the Number 1 company in its field. However it too is subject to wild swings and having a very gifted people leading it is mandatory....hence the uncertainty caused its fall. This area is very exciting and A Young GRIM actually spent some time studying Repressor theory...until he was addicted to da stock mkt and Hot Chickas.....

To: SFW who wrote (797)	12/24/1998 1:13:00 AM
From: PuddleGlum	Read Replies (2) \| Respond to of 1686

AJ- P&F won't give a buy signal until $88 at this point. Of course, the stock could back and fill and generate a buy at a lower level. Violation of the bullish support line is a real no-no. A drop to 69 or lower would be a sell signal, so my entry at 78 1/2 today wasn't particularly astute. It may work out well, but it wasn't a move with the odds greatly in my favor. On the other hand, I am pounding the table on the biotech sector, so I am optimistic about this company. pg