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Technology Stocks : Intel Corporation (INTC)
INTC 46.47-4.5%Jan 30 9:30 AM EST

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To: Sonki who wrote (27017)7/19/1997 9:33:00 AM
From: JPR   of 186894
 
OFF TOPIC:

<<Do you think LLY is a buy? down -4 today>>

Sonki,
Here is my take on LLY.
Zyprexa, a schizoprenia drug shows sales growth. Will continue to rise in sales.
Reopro: flat sales
Prozac Sales down in march quarter by about 3%. Generic competition abroad. Sales expected to improve.
EVISTA: Osteoporosis drug waiting for approval from FDA. (future Competition to Merck's Fosamax)
Closing Prices:
04-18-97: 85
05-05-97: 92.625
06-20-97: 110.375
07-14-97: 116.125

07-18-97: 109.375
Long-term tend is BULLISH; Short-term is bearish. Wait for a buy for going long.
Close as of 07-18-97 above 200, 90, 30 day moving averages: Very Bullish.
Stochastics, RSI, MACD: No signals today. Sell signal 2 periods ago.
Directional Movement: +DI crossed -DI & going down. ADX is above both +DI and -DI, and going down. Not a good idea to make an entry now.
Candle sticks: A big black long candle: High: 114.125 Low: 109.375 Open: ?113.75 Close 109.375.
Close was way lower than open. A big long black candle suggests bearishness.
MACD: bearish. Trading below signal line.
DIVERGENCE: bearish

Sonki: I don't know much about TBR

Paul

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