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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Sonki who wrote (18985)1/22/1999 11:26:00 PM
From: Michael Rich  Read Replies (1) of 42787
 
Sonki,

I'm looking for some investment opps and the big pharmas are
the ones I'd like to put some money in and forget about it.
The technical picture is not pretty so no idea of how they
will perform this year. Long term I'm very bullish about
this sector because I witness exciting things are happening
in biomedical research. Big pharmas have the money to turn
the research into profit. Some selected biotech co's will
also do very well... For example, human genome project will
be done sooner than expected, maybe 2002-2003, this will
have a huge impact on health care... and you know the world
is aging too.

BTW, MRK dropped from 145 to 139 after NYSE was closed.
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