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Re: DewDiligence post# 14053

Sunday, 08/07/2005 7:50:25 PM

Sunday, August 07, 2005 7:50:25 PM

Post# of 252302
Dew, you wrote: "In the meantime, I remain convinced that it is possible to beat the market in biotech without illegal access to insider information. If I weren’t convinced of this, I wouldn’t be doing it for a living."

I would put it rather differently: I am convinced that it is possible to beat the market in biotech when illegal access to insider information is eliminated or drastically curtailed. Only then will careful outside analysis yield results proportional to the money and effort required to beat the odds.

Maybe we should all write to the SEC about this issue. Anyone done it before? Any tips on to whom to write? General counsel?

io_io, thanks for your draft in the previous message.


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