SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Biotech / Medical : Biotech Valuation
CRSP 55.11-2.6%Nov 7 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: scaram(o)uche who wrote (240)6/19/1999 5:53:00 AM
From: Spekulatius  Read Replies (2) of 52153
 
Richard,

thanks for your response.Your assessment of the big pharmas was quite interesting.I was surprised you gave so high ratings to Novartis. I actually have some investments in this company, and I believe that they are currently underrated, as well as their long term pipeline.
Besides, they have the 'advantage' that they do not have to give away stock options and buy back stocks on the open market.
Thus, they generate an enormous free cash flow, which allows them to make aggressive nondilutive acquisitions with cash.

I was surprised by you positive rating for AHP - they are generally regarded as conservative - which does somehow contradict your high rating regarding the management of scientist.

No respect for Pfizer? Well they must do something right because they seem to have the best near term pipeline.

I also like the medium size biotechs,those with real products - but it just can be so frustrating to hold these stocks.

Bayer and Hoechst/RPR both seem to have nothing in the pipeline as far as the eye can see. They lost their drive somewhere in the seventies and now rely on cost cutting to make their earnings. Pathetic for me as a German to see how the industry of my country lost the lead.
But my guess is that the europeans will have a comeback. The US drug market had a much higher growth and high pricing - and this has masked some weaknesses in US companies, IMHO

Good luck with your investments,

Ralf
Good luck with your investments
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News