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Biotech / Medical : wla(warner lambert)

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To: Sonki who wrote (317)8/18/1998 6:37:00 PM
From: Anthony Wong  Read Replies (1) of 942
 
Sonki, there are no news on WLA that I could find. The most recent news were the insider sales on August 14, but then, nearly all the big pharmas have insider sales. They DO have rather high P/Es. Would the recent WLA weakness be related to options expiry? If you look back on WLA's chart, periods of weakness/price sonsolidation after big run-ups are quite normal. BTW, LLY is quite strong recently.
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