Date: Mon Aug 29, 2005 9:15 am
Hi
I personally don't understand BioTech very well so tend to shy away from itbut you are right and I have seen some amazing runs in Biotech. Bristol doeslook like a decent bet. Are the results going to be out on Sept 9?
I will surely investigate ECST more. Interesting chart for sure and might beone of the December run stocks.
About IPO's: You need to have half a million in your account in the investment arm of a firm that is involved with an IPO and that's when youget a small amount of shares for the IPO that they are underwriters of. ORIt needs to be a Google like offering where everyone can participate. Here'sa link where you can track IPO's.
http://www.hoovers.com/business-information/--pageid__10005--/global-ipoc-index.\xhtml
A decent strategy is to jump early into every IPO and take a pre-decidedpercentage gain and get out. Most IPO's holders file to sell some shares atthe open and so although there is new buying pressure, the shares arepressured on the sell side. Specially considering how healthy the IPO markethas been looking of late, I think it's a good plan to trade IPO's.
Baidu.com: After all the criticism that has been handed out to this company,I saw an interesting take on it on one of the message boards. It is the 5thor 6th most visited website on Earth. Given that the top few are the yahoo,google, msn's of the world the poster argued that this should be rated atsome point at the same levels. Google besides having good technology, has astrong brand name as well. So does Baidu and ofcourse they have an excellentunderstanding of Chinese government regulations, working in tandem withChina. Here is a government that wants a search engine to not displayresults for Freedom, Demcracy etc. Baidu is on top of this and is homegrown. Ofcourse as soon as you take valuation into consideration, everythingelse sounds minor. I did trade this stock a little recently.
Cheers,
Ahu
