Amgen Inc. (AMGN) Message Board

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 Inc. (AMGN)

AMGN 337.46

+0.4%

Nov 21 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: DEER HUNTER who wrote (715)	1/28/1999 6:21:00 PM
From: Eric P	Read Replies (3) of 1906

You may be right, but I've seen many, many stocks trade up 10-30 points in after hours trading immediately after a favorable earnings report. The fact that AMGN only traded a few points higher, then reversed is an implication to me that is was not viewed very strongly. Just my opinion. Good luck! -Eric P.S. Also note that while the full year earnings were up 39% over the previous year, the 4th quarter earnings were only up 34% over the previous year. This slowing of earnings growth may not be favorably received for a stock with a PE of ~37.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next