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Biotech / Medical : Eli Lilly
LLY 1,071+1.4%Dec 19 9:30 AM EST

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To: Doug who wrote (499)5/15/1999 3:34:00 PM
From: Anthony Wong  Read Replies (1) of 642
 
Doug, I don't follow all the major drug stocks, just PFE, WLA & LLY. The drug sector has been correcting and PFE's and WLA's share price are at support now. LLY has been performing better. PFE and WLA are high P/E stocks and would likely correct some more should the market weaken, which would create an excellent buying opportunity.

You may also wish to read the following 2 articles which are bullish on the drug sector:
cbs.marketwatch.com

audioinvestor.com
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