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Biotech / Medical : Novartis
NVS 125.48+0.4%Nov 5 3:59 PM EST

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To: Tom Wilkes who wrote (146)1/16/1998 10:43:00 PM
From: Chuck. Edwards  Read Replies (2) of 296
 
I got the info from Reuters; check the archives back a day or two (I'll see if I can find it again and post it).

I say "bullish," because according to the release, this simply completes the reorganization that began with the rationalization of the European-based facilities. The facilities that are being closed are those located on other continents.

By the way, as I am sure you noticed, Novartis bounced back today.

I will try to find the release now and post it.

Cheers

Chuck
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