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Biotech / Medical : Eli Lilly
LLY 1,047-1.5%2:22 PM EST
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To: Joseph Colombo who wrote (90)3/20/1998 8:26:00 AM
From: Anthony Wong  Read Replies (1) of 642
 
My feeling during the past few months is that pharmaceuticals have became some sort of momentum play (on the scripts and sales potential of new drugs): first it is Warner Lambert, then on to Merck, back to Warner Lambert (from $109 to $160). Now Pfizer is the favor of the day. Believe me, it will go to over $110 in no time at all. LLY is the laggard - Evista needs to deliver more before the share price will improve. Regards.

Anthony
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