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Biotech / Medical
Biotechs under $5
An SI Board Since January 2000
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Emcee:  Jim H Type:  Unmoderated
Most Biotechs performed very well in December, 1999.
That trend seems to have legs. So I expect the biotech
sector to continue to outperform the market into FY2000.

For 1999 numerous stocks selling at under $5 to begin
the year broke through that barrier and kept on going.
I know because I sold several early for a couple of bucks
per share profit, which could have been held to buy me a
new Cadillac.

It is safe to say that there will be some ten baggers in
biotechs priced under $5 to begin FY2000. It is also
safe to say that most of the low priced biotechs are cheap
for a good reason, and they will end the year in the dung
heap where they belong. The trick is to find hidden value
in cheap stocks.

Several factors that I consider when looking at cheap
biotechs are: researh being carried on, management, cash
on hand, research talent, insider ownership, takeover
potential, and (last, but not least) comments from some of
the really smart folks on the SI biotech threads.

So if you have a point of view on any low priced biotech
stock, please share it.
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