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Biotech / Medical : wla(warner lambert)

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To: twt who wrote (420)1/19/1999 8:20:00 AM
From: Anthony Wong   of 942
 
twt, currently Rezulin has a market share of 9% while Lipitor's market share is 42.5%. Lipitor is the biggest moneymaker for WLA, while Rezulin is a close second. When the company released its last earnings report (in October), it stated that it is comfortable with analyst estimates of $1.48 for 1998 and 30% earnings growth in 1999. Some analysts estimated 35-40% growth. Anyway, that is a higher growth rate than most big pharmas'. There's a Bloomberg article at Post #407 that provided more info about the Rezulin issue. You may also wish to do some research on the company's pipeline etc. and WLA's website is a good place to start:
warner-lambert.com

I beleive that many big pharmas are still good long term core holdings. Why not do some dd on a few better big pharmas and then make use of individual stock's price weakness to do some dollar-cost averaging buying.

P.S. I'm not a medical professional. I'm just a regular investor of pharma stocks. My first investment in big pharmas was some 10 years ago (in GLX and MRK). BigK has even more experience in big phrarma investing (over 30 years, I believe).

Best regards.

Anthony
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