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Biotech / Medical : American Home Products AHP
AHP 10.38+0.3%Apr 23 5:00 PM EST

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To: Raph who wrote (6)1/13/1997 6:34:00 PM
From: billkirn   of 169
 
AHP has paid ever increasing dividends for the last 50 years.
A great article in Barrons two years ago stated that AHP earnings
would increase at a 20% to 25% rate for a number of years.

Very well managed company, and the stock is over priced at 65,
and probably fairly priced at 52 or so. It got over extended and I think it will retrench for the next few months.

A relative of mine was the first chemist.

Bill

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