In 2007, my gnome high in the Appalachians spun his Vedic wheel and told me there would be a run in the biotechs that would make the frenzy in the internets in 1999-2000 look like child's play.
Of course, then came 2008.
As they say, timing is everything.
But I can't help but wonder if the first-quarter run in names like NewLink Genetics
(NLNK), which is up over a 100% in less than 2 months, doesn't mirror the frenzy of the internets into March 2000.