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Biotech / Medical : GENZYME - THE KING OF THE BIOTECHS

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To: H. Bradley Toland, Jr. who wrote (262)3/16/1998 12:34:00 PM
From: Harold Engstrom  Read Replies (1) of 410
 
Bradley, I bought this stock in summer '96 and it has moved up from 22 to now 32. But, it was trading as high as 35 during the year priior to my purchase and it really has been something of an underachiever, in my opinion. The market thinks so as well, since it has moved laterally for the past three years. The company has a special charge every quarter - so they might as well stop calling these charges "special"! Still, I think this company will succeed in the long haul - although it is easy to see why investors like aliveinsf are frustrated.
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