WPI Watson Pharmaceuticals Message Board

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Biotech / Medical : WPI Watson Pharmaceuticals

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To: Israel who wrote (21)	3/23/1998 2:44:00 PM
From: Jacob Snyder	Read Replies (1) of 61

Two WPI threads is one too many! The other one is under "Watson Pharmaceutical". Neither thread is very busy. I suggest we merge onto the other older thread. I am currently out of WPI, but I think they have a great future. I doubled my money in the stock last year, but they are now in favor and overvalued, like most drug companies. I'll be back into the stock when it's back at a PE of 14. I know, given the current environment, it's hard to believe that will ever happen, but when I bought it at a cost-basis of 17, it was hard to imagine today's stock price. Buy on despair, sell on euphoria. See my many posts on the other thread.

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