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[sharechat] NUF/GEN

From:	rebecca bibby <rlbibby@netscape.net>
Date:	23 Sep 00 07:33:04 NZST

Hi Nick

I doubt if the NBR is right in its speculation that investors were deserting
Nufarm to invest in Genesis.  The abandoning of NUF is probably more to
reduced confidence/interest in the stock.  If that is the case, we can
probably expect to see the price to drop further.  

Genesis is a pure biotechnology company and while results are still somewhere
down the track, its Psoriasis vaccine should be a winner (albeit at least 6
years away).  Pure biotech stocks are true long-term investments but at the
right entry price, the rewards will be there.  

Rebecca

(disclosure: hold neither NUF or GEN) 

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