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$heff

07/07/09 11:21 PM

#14616 RE: rocketeer357 #14609

rocketeer357...you become very picky in what you choose to invest in. Move toward stocks with drugs in Phase III that have "first in class" or "novel" deliveries that will help them move forward. I also like medical device companies with 510K clearance opportunities with the FDA. Not one has been denied this year out of about 75. The same cannot be said for drugs waiting on approval as we have seen. The FDA is stringent and oftentimes want more data. Sheff