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Strategies & Market Trends : Value Investing

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To: Spekulatius who wrote (17946)10/29/2003 12:25:38 PM
From: Paul Senior  Read Replies (2) of 78796
 
JNJ: Agree, Spekulatius. I'll sell as well. Big pharma stocks are doing lousy this year, so even if J&J stent issue gets resolved quickly, I don't expect the stock to bounce back much. I'll take loss here and redeploy assets. After I get more visibility into the stent issue, I figure I'll still have time to re-enter the position at an okay level if I want.
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