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Biotech / Medical : Chiron
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To: Bosco who wrote (1249)2/28/2000 2:45:00 PM
From: OldAIMGuy  Read Replies (1) of 1352
 
Hi B, Hard to get much conversation going about a company that actually has earnings! I first owned Cetus which was bought by Chiron.

All in all it's been a good investment. There was a time of a couple of years that it tested my patience, however. It cycled between the high teens and the mid twenties many times and never made a break.

I'd like to know how much of the stock is now in the hands of their single largest investor, Novartis. It was 45% up through last year, but it seems to me they could increase their position starting in 2000.

Best regards, Tom
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