wla(warner lambert) Message Board

STOCKTALK

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 : wla(warner lambert)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: vpelt who wrote (924)	2/18/2000 12:16:00 PM
From: jelrod3	Read Replies (1) of 942

It seems that the street is saying something about this deal, or something about the drug industry in general based on the sliding price of WLA and other drug stocks. You can buy PFE at a discount of about 3.5% by purchasing WLA now at 88. Each WLA share will convert to 2.75 shares of PFE. PFE is selling for $33.18 now. This translates ot a value for WLA of $91.25. 91.25 - 88.00 = 3.25/91.25 = 3.55% discount. If PFE becomes stable or increases in price, and WLA slides some more, the discount expands. Long term, this one should be great.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next