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Biotech / Medical : TheraTech (THRT)

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To: Rick Strange who wrote (122)10/26/1998 1:23:00 PM
From: geoffrey Wren  Read Replies (1) of 125
 
I'm not enthusiastic about Watson. Their earnings, sales, and book value ratios are like the ratios for Merck or Pfizer or Lilly. The price to sales ratio is 10. But I don't get the impression that Watson has the pipeline that Merck et. al. has. I will look into it further, but think I may take my profit and invest the cash elsewhere. I wonder if there is any possibility of a bidding war for THRT?

Geoff Wren
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