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Exelixis, Inc. Message Board

  • wiredslick wiredslick May 14, 2000 5:27 PM Flag

    EXEL highly touted by Red Herring...

    Red Herring has made me a lot of money, so I will probably go after this one!

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    • Joe Kennedy (Sr.) made a fortune on the stock
      market before he started running rum.

      Legend has
      it that old Joe was having his shoes shined one week
      before the stock market crash of 1929. The shoeshine boy
      said to Joe "Hey, I've got a stock tip for ya..." Joe,
      being shocked that a 12 year old boy would think he
      knew so much about the stock market, looked around,
      and realized that uneducated people everywhere were
      investing in sectors they did not understand.

      pulled out all his money, just a few days before the
      market crashed.

      This may or may not be a true
      story, but it certainly illustrates the market

      We are ripe for a crash, because people are betting
      their investments on other people's research (e.g. Red

      I know what Exelixis does, because I am a
      geneticist. You can find out what they do, if you just go to
      their homepage. But, you should try to understand the
      science before you buy the stock.


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