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Biotech / Medical : BMY (bristol myers squibb)
BMY 46.01-0.1%9:30 AM EST

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To: OldAIMGuy who wrote (71)3/4/2000 6:39:00 PM
From: Rob Loney  Read Replies (1) of 194
 
I thought BMY was a screaming value at $60.00. I guess I won't quit my pharmaceutical day job to be a trader. To take $6.00-$10 off the share price due to the impending loss of TAXOL, shows a lack of knowledge about the importance of this business to BMY. An even greater kind of drop happened to WLA when Rezulin was implicated in some cases of liver damage. It turned out to be the biggest buying opportunity in the great run up of WLA due to Lipitor sales. I believe this represents a similar opportunity prior to the great run up of BMY, due to the impending launch of omapatrilat.

Any thoughts?
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