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OK lets kick off this new contest. Between now and the 15th make two selections from the wide sphere of biotechnology (yup, I think one of my picks may stretch that). The contest will open with the opening price on the 16th (Joseph, get ready for that jump on the 14th and 15th). The contest will run for about a year, ending on a Friday near abouts 12/15/08 (too lazy to pull out a calendar right now).

Make the picks as replies in this thread please.


- Make two selections before market open on the 16th (I looked at 3 but the table was even harder to post).

- Market cap should be > 50M for US companies, and in that neighborhood for foreign ones. Much less than that isn't quite a real company yet. Ive read that many small companies have been registering on foreign exchanges to avoid the burdensome costs of SorbOx, so there are intriguing investments to be found, but 50M is a barrier under which investment should probably be predominantly private IMO.

- Stock price over $1. Again, leeway for foreign stocks should be OK, just don't be extreme.

- Be prepared to post > 10 times during the year. Ideally about the companies you picked (but anything is fine). I would like to see a investment hypothesis behind each of the selections from everyone, but it doesn't need to be before the 15th.

- First come first serve. Players can duplicate single selections, but not both.

I've only been thinking about this a little of late. One of my old picks that I own VTIV has dropped a lot on only modest news and may be good for a re-up, but I may want to look for the more odd. Again, there really isn't a prize, so have fun. I'll probably set up another CAPS doppel for tracking the eligible picks and look at the marketwatch option as well.

I think that covers it.

Ralph (Zz)
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