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


To: scaram(o)uche who wrote (668)3/16/1999 10:19:00 AM
From: scaram(o)uche  Read Replies (1) | Respond to of 1073
 
One trouble.... we still have semi-scam companies that command decent market caps.
The sector tolerates these companies, and analysts don't have the balls to label them as
what they are. As a result, there's still some justifiable bad-mouthing of the sector to
come. That ticks me off. Let's flush the bad managers and the money-plays without
underlying fundamentals.


Why can't, collectively, biotech CEOs police their own sector and get rid of this crap? The current funding crisis results, in part, from Joe Public's lack of confidence in the sector. That lack derives as much from the over-promotion of garbage as it does from the failure of legitimate efforts.