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Pastimes : The Straight Shooter's Corner

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To: JDN who wrote (77)7/30/1999 10:54:00 AM
From: vpelt  Read Replies (1) of 109
 
JDN, I don't recall any of the pharmaceuticals being mentioned but there is one sector that's looking interesting. The major players never cease to make money and for the past few months they've been beaten up. I bought Pfizer earlier this month and Warner-Lambert in January. Right now one is up 5% and the other is down 5% but they always come back. I've done quite well with these in the past as well as Merck and Eli Lilly. Of these four, Pfizer has the reportedly best pipeline of new drugs. My experience with these companies has been a double within a year once they bottom out. Baby boomers aging will continue to increase and drive these companies growth, IMHO.

vpelt
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