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Re: scstocks post# 19039

Monday, 07/21/2008 11:35:57 AM

Monday, July 21, 2008 11:35:57 AM

Post# of 57986
>…all of the fund money that was in genentec, will have to be redistributed among the remaining bio's, as roche is not considered a bio, hence the need for redistribution.<

That’s an overstatement because DNA is owned by index funds and general large-cap funds, not just biotech funds. Clearly, there will be a significant money-flow benefit to other biotechs, but I would guess that less than 50% of the investor money in DNA will flow into other biotechs.

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