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Biotech / Medical : Novartis
NVS 126.59+0.9%3:59 PM EST

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To: Sonki who wrote (95)11/7/1997 12:19:00 AM
From: Tom Wilkes   of 296
 
No, Sonki, I am not in yet, but I HAVE decided to put Novartis on my permanent holdings list and will buy it as soon as payday rolls around. I have 13 (lucky number) long-term stocks, and I have gone to Europe for the last 3. Ericsson was #11, Novartis is now #12. Will SAP be #13? Don't know yet, but it is looking that way. I received an annual report on Novartis that is impressive. They seem to do everything! If you saw my previous posting you know that I looked at international mutual fund holdings. I found 13 funds in which Novartis was the largest holding, 21 in which it was first or second, and 10 in which it represented 3.0% or more of a fund's holdings. The only other stocks as widely held as Novartis were Philips Electronics and Royal Dutch. So, yes, I am "in", relatively speaking. Hooray. Decisions are always easier after they are made.
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