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Biotech / Medical : ICN Pharmaceuticals

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To: IRWIN JAMES FRANKEL who wrote (800)	9/28/1998 9:34:00 PM
From: Robohogs	Read Replies (1) of 1029

OT OT OT IJ - I am now beginning to give up hope for our favorite little friend. Yes, I believe earnings will be above $3 per share next year, but the market cannot be this dumb. I want to buy more shares in here (near my average cost after averaging up) but I just have too much in this one. Any other ideas you're looking at? I know you once owned ASND - have you looked at COMS in here? Looks cheap. Good luck. Let's hope our ICN plays out, but I'm now diversifying away from ICN - now only 15% of my porfolio down from 33%. ASND (takeout by LU looming at $65), CNTO (RA approval will yield $55 with a PE of 5x ICN's PE), ELN (PE moving ever higher) and APOS (a true future homerun) now dominate that portfolio with COMS growing. Only time will tell.

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