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Re: zigzagman post# 7354

Sunday, 03/21/2010 3:56:34 PM

Sunday, March 21, 2010 3:56:34 PM

Post# of 15767
good article... i especially liked this:

He has fared better in some of his biotech holdings, which make up a big chunk of the hedge fund’s investments.

“The biotechs have been his big winners recently,” particularly investments in ImClone Systems and MedImmune, said Mr. Young at Institutional Shareholder Services. “His thesis, which is no secret, is that biotech firms should be purchased by Big Pharma, which is always in need of new products. In his mind, that’s a match made in heaven.”

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