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Biotech / Medical : GENZYME - THE KING OF THE BIOTECHS

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To: H. Bradley Toland, Jr. who wrote (265)3/17/1998 12:47:00 PM
From: aliveinsf  Read Replies (1) of 410
 
GENZ UNDERPERFORMS RELATIVE TO AMGN BGEN

What long term chart are you looking at?

Lets take a long term view of GENZ.. On 12/31/91 GENZ was at 29.375; AMGN was at 38 and BGEN was at 20.

Where are these stocks today? GENZ is up a whopping 8.9% to 32, while AMGN is up 58.9% at 60.1875 and BGEN is up 130% to 46.125.

Given the rise in the general market these stocks as a group have underperformed the market, but GENZ has underperformed the underperforming group.

I stand by my statements...GENZ has not returned or built much if any shareholder value for its shareholders for the past 7 years.
Doesn't say much when you deliver 1.2% annual compounded growth over a 7 year period, even passbook savings accounts would have been a better investment than this DOG....

As a CEO Henri needs to hang his head in shame....time for a shareholders revolt...oust management...they are entrenched....and need to be changed....
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