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Biotech / Medical : Amgen Inc. (AMGN)
AMGN 329.88-3.0%Dec 5 9:30 AM EST

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To: varoujik who wrote (990)7/25/2000 5:14:23 PM
From: Adam Nash  Read Replies (2) of 1906
 

Message #990 from varoujik at Jul 25, 2000 3:55 PM

will AMGN go up or down?

It will do both, most likely.


i want to know if it is a good time to buy some more shares to my portfolio?

I have been long AMGN for a while, and I have fairly strong conviction that they will see excellent growth in revenues from new drugs in the next few years. I also believe the litigation worries are overblown.

However, given AMGN's volatility, I might look for a lower price to buy additional shares.
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