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Biotech / Medical : Watson Pharmaceuticals
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To: Jacob Snyder who wrote (70)3/25/1998 10:35:00 AM
From: FNS  Read Replies (1) of 83
 
Jacob et al: WPI downgraded due to little drugs in pipeline... I'm not keenly aware of WPI's potentially new drugs but based on TA and past performance I got back in at 36 3/4, having sold most at 43+.

The long term trend looks positive and although PE is in stratosphere I think WPI should see 40 near term. Any thoughts?

FNS
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