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Biotech / Medical : Oscient Pharmaceuticals Corp. (OSCI)

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To: fred hayes who wrote (1131)7/25/2006 10:16:12 AM
From: OldAIMGuy   of 1154
 
Thanks Fred, Some of OSCI's decline is from its business results and some of it is tied to the generally unexciting action in biotech in general this year.

Any good news is welcome but until biotechs turn, probably not to be much noticed.

I recently had a "buy" in the biotech index fund after a very long time of not much activity. I'd like to think that maybe it might just bottom out here. Wishful thinking aside, there's cash reserved enough to continue buying more of the index fund should we see deeper discounts.



As you can see, this sector has been pretty quiet since the end of 2003. Even the speculators have gone to play in other areas.

It would seem to be a good idea for me to buy the individual stocks in concert with buying signals I get in the index fund.

Best regards, Tom
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