American Home Products AHP Message Board

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Biotech / Medical : American Home Products AHP

AHP 10.38

+0.3%

Apr 23 5:00 PM EST

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To: KENNETH R SANDERS who wrote (20)	7/8/1997 12:04:00 PM
From: Charles Tutt	of 169

Currently AHP and PDLI are the only stocks I hold that are health related. I have previously held MRK and KNCI with good results. I think that, if the $3 +/- drop was solely based on the lawsuit, it's overdone. As you point out, they may have insurance. There's probably also the possibility of an appeal, or perhaps settlement for a lesser amount. Even if they have to pay it, I think the drop is still disproportionate to the judgment's effect on earnings. I'd be more concerned about the validity of the patent at this point, and any psychological effect the suit may have on other researchers. AHP is one of my core holdings. I've held it at least 5 years now. As you say, "It's been a fun ride up." JMHO. Not intended as investment or legal advice.

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