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Biotech / Medical : Eli Lilly

LLY 1,071

+1.3%

Dec 19 3:59 PM EST

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To: Bull-like who wrote (395)	11/4/1998 1:55:00 PM
From: Anthony Wong	Read Replies (1) of 642

Da Bull, the following is an excerpt from the Dura inhaled asthma news: Dura is also working with Eli Lilly & Co. to developed an inhaled form of insulin -- the drug needed by diabetics -- which uses the Spiros technology. That product is in early enough stages of testing that the FDA's decision on Spiros is unlikely to delay its development, Bansal said. news.com Effect of election outcome on drug stocks? I think the drug stocks tend to move with the general market, but it is not as volatile as the tech sector (not down as much during corrections). As investor sentiment is turning more bullish (as per CNBC report), would there be be money outflow from defensive issues? Merck strong today, BTW. My LU is up from $55 some weeks ago to $86 today. These momentum stocks are scary (and LU even isn't an internet stock). Regards. Anthony

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