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Alias Born 12/11/2003

Re: None

Saturday, 07/17/2004 1:05:09 PM

Saturday, July 17, 2004 1:05:09 PM

Post# of 64738
Folks,

Take a macro view of the situation. Biotechs have been battered over the last six months. Many new lows have been hit. Choose a list of biotechs and see how far they are off their 52 week highs. Many on Friday hit new lows. Check out mid tier companies like Abgenix, Human Genome, and others. Look at the smaller cap names like LaJolla, Biomira, Xoma and Genelogic. We are suffering from a group out of favor, coupled with a nervous market with little commitment. We will come back. CYGX has, in my opinion, more exciting prospects than any stock I follow. The current price is a big opportunity for believers. Speculative? Yes...But the risk reward is enormous...I will be adding to an already large position next week...
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