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Biotech / Medical : wla(warner lambert)

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To: John Romeo who wrote (923)2/11/2000 11:17:00 PM
From: vpelt  Read Replies (2) of 942
 
Any suggestions on how to make any money on WLA shares while waiting for conversion,other than selling covered calls?

Sorry, I don't have any suggestions. I'm trying to figure out whether or not to wait for the conversion to happen. I sold PFE I owned last year to add to my WLA position because the stock was doing nothing and management wasn't properly communicating with its shareholders.

I'm just going to sit tight until the conversion. I'm likely going to sell off 1/3 of the converted shares to reinvest elsewhere and watch the merged company to see if I decide to hold. I'm not an enthusiast of PFE's management but WLA has been so good to me over the years I'll give it a chance.

vpelt
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