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Biotech / Medical : Eli Lilly

LLY 1,071

+1.4%

Dec 19 9:30 AM EST

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To: Bull-like who wrote (451)	12/14/1998 7:01:00 PM
From: Anthony Wong	of 642

Bull, on Dec. 11 LLY had an analyst meeting in which the media and small investors were excluded, and ahead of the news this morning we had 2 reiterated "buys". My guess is that the news is anticipated and the stock has ran ahead of the news. There's some profit-taking this morning and with the market being weak this week, I don't expect much near term. Long term it's good news for LLY. Evista is a safer drug than tamoxifen.

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