AMGEN Message Board - Msg: 71150

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Biotech / Medical : AMGEN

AMGN 296.30

-0.7%

9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: who wrote (18)	5/2/1996 11:29:00 PM
From: Nathan L.	of 42

Arman I really couldn't tell you why Amgen sold off today, but i used it as an opportunity to BUY as much as i could towards days end for $54. I have been waiting for some time now to build a long term position in Amgen and today was the day to do it. Over the long term, the story for biotech's is as strong as they come and Amgen has the resources to be the most profitable. I honestly believe that 10 years out, this company will be as large and as profitable as companies like Merck. Amgen is becoming more and more of a pharmaceutical company. I certainly wouldn't consider selling this stock. Keep in mind that MANY brokerage houses still have strong buys on Amgen. You could see this one go as low as 48 if we get a large general market sell-off, but i don't see it going any lower than that. Nate

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next