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Biotech / Medical : King Pharmaceuticals, Inc. (Nasdaq:KG)(Was KING)
KG 21.27-9.6%Oct 30 3:56 PM EDT

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To: radman33 who wrote (43)3/8/2001 12:20:26 AM
From: Sr K   of 61
 
I still follow it, but sold it by allowing a 40 call to take it away. My 4th time in JMED.

It still seems overpriced to me, with 2002 company projections of $1.48. This is a stock I only enter for 25% in a year, so I would not consider it over $30.

25 x 1.48 seems fair next year = $37, divide by 1.25 = 29.60.
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