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Strategies & Market Trends : Value Investing
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To: SI Bob who wrote (32912)12/2/2008 5:31:22 PM
From: Paul Senior  Read Replies (1) of 78430
 
Just got mail confirm that a GTC order to add to a few LLY was filled yesterday.

P/e estimate for '09 is below 10x, dividend yield is over 5%. Stock recently at 28-31 hasn't been so low in ten years.

Supposedly it's all about drug pipelines and patent expirations.
I don't know much about that regarding Lilly. I assume with their large research staff and recent acquisition (ImClone), they are trying very hard to keep their drugs and sales&profits flowing. Meanwhile, I'll limit my risk by limiting my LLY position size to a few shares.

si.advfn.com^LLY
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