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To: bill meehan who wrote (46123)	6/10/1999 4:52:00 PM
From: Cynic 2005	Read Replies (1) of 86076

Bill, as I recall from one of your CNBS appearances, you echoed some of my sentiments on drug stocks. You mentioned that drug stocks are perceived to be safe havens in the event of a market meltdown. However, you were very uneasy at the levels they were trading back then. Guess what, you nailed the top on the big dopers as market shatters another myth - "the drug stocks will be the last to fall." In fact, they are among the first to fall - DOWN about 18% from the peak, knocking on the bear door. My kudos to you. quote.yahoo.com^DRG&d=1y Notice the swoon in PFE - it got a taste of it's own medicine, Viagara! Sliced through 200 DMA like a hot knife in butter. -g- quote.yahoo.com

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