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Biotech / Medical : Mylan Labs
MYL 15.860.0%Nov 19 4:00 PM EST

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To: rhoffman who wrote (335)7/6/1998 1:55:00 PM
From: Martin Wormser  Read Replies (1) of 384
 
Did you see the report on the generic drug makers this AM? They (I think it was CNBC) reported the price of generic drugs are going up in some cases 10 times, especially when there is only one manufacturer of a generic drug. Of course, they mentioned Mylan was guilty of increasing the prices.

Personally, I do not think Mylan is capable of a breakout. It's a slow grower. BTW, It's low this year is 17, so we have almost doubled.

martin
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