Pharma News Only (pfe,mrk,wla, sgp, ahp, bmy, lly) Message Board

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Biotech / Medical : Pharma News Only (pfe,mrk,wla, sgp, ahp, bmy, lly)

PFE 24.30

-1.6%

3:59 PM EST

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To: Tony D. who wrote (1616)	10/14/1999 6:23:00 PM
From: Anthony Wong	of 1722

Tony, I think it's the drug stocks retreating somewhat after quite a run during the past 2 weeks. Almost all the major pharmaceutical stocks are down, and SGP isn't down the most. Percentage-wise, WLA is down even more. Only news is DB Alex Brown initiating coverage on a no. of drug stocks on 10/12. Also, there's another bit of news on SGP on 10/12: news.excite.com This excerpt is from the labpuppy.com site: Alex Brown initiated coverage of the pharma sector with the following ratings - Warner-Lambert (WLA) with a Buy (cheap given strength of Lipitor), Schering-Plough (SGP) with a Neutral (fully priced), Pfizer (PFE) with a Neutral (fully priced), Pharmacia &Upjohn (PNU) with a Neutral (cheap but other companies offer better growth prospects), American Home Products (AHP) with a Buy (recent resolution of a couple of key problems and the prospect of accelerated earnings growth going forward), Bristol-Myers Squibb (BMY) with a Neutral (fully priced), Eli Lilly (LLY) with a Buy (cheap) and Merck (MRK) with a Buy (cheap). Anthony

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