SBN 0.00% 0.0¢ sun biomedical limited

who, page-17

  1. 423 Posts.
    Hey GSW -

    I sincerely hope you're right. My comments were made from the experience of losing a truck load of cash in high-tech, or R&D companies, that seem to have brilliant technology but just never somehow make a profit from it.

    Companies in this category (high-tech/R&D/bio) seem to either be fantastically successful (CSL, Cochlear to name the obvious examples) or they bleed to death. Unfortunately, for every 1 of the former, there seem to be about 10 of the latter.

    I've recently bought in to SBN, because I think this company has a better than average chance of being in the former group.

    My original comment on this thread was pointing out the irony of a S/H who wanted the price of her stock to go down! (so she could buy some more)

    One thing I have learned even on those high risk companies where I have made money - it's always, ALWAYS a rocky ride.

    Best of luck.

    BB
 
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