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Biotech / Medical : wla(warner lambert)

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To: Captain Jack who wrote (404)1/16/1999 9:40:00 AM
From: Anthony Wong   of 942
 
Hopefully, all the bad news' out. WLA down only 1.85% on very high volume. I'm not worried about the long term prospects of the co. The worst case scenario is that Rezulin is withdrawn after the safety review. This buying opportunity happened once before when the UK co-marketer withdrawn the drug. In that case, buy all you can if the stock comes down big time.

I expect WLA to return to the mid 70's after earnings.

Anthony
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