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

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To: Henry Niman who wrote (172)2/11/1998 12:07:00 PM
From: Tom Wilkes  Read Replies (1) of 296
 
I'm still high on Novartis for the long haul, Henry. My last posting doesn't seem to be here, so I am posting again. Novartis was recently profiled in Forbes (whose profiles have given me great advice in the past); one of their arguments is that, unlike most pharmaceutical firms, Novartis has many new drugs whose patents do not expire for a long time. Also, their sales figures for the past year were phenomenal. Sales drive earnings, right? Any thoughts about the long term from a biotech perspective?

Tom Wilkes
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