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Biotech / Medical : wla(warner lambert)

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To: Anthony Wong who wrote (824)	6/15/1999 12:07:00 AM
From: Captain Jack	of 942

Tony-- even great news cannot slow the bloodletting (pun intended). The blood is not yet finished running in the street. WLA will see 50s soon. It will take longer than a year to recover as no one is going to hold high p/e issues for awhile... no matter how good WLA it will suffer with other individuals issues, the sector, and the gen mkts. The bonds rate and potential to appreciate just added 18 months onto retracing to the 70s..

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