huntleys have this as a reduce, page-9

Tricia,
thems fighting words if ever I've heard it.
Have you heard any scuttlebutt on Tott. or Carnilya lately out in the fields?

For what its worth, today I'm liquidating my last biotech holding and topping up on MCR again. I just get away from the PON prospects over the next 12 months and what MCR will be earning. If and when bio becomes the flavour of the month again next year, I will have a sufficiently large bank and have done the homework to know the right one to back and with a half decent wager.