SI
SI
discoversearch

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 : wla(warner lambert)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Anthony Wong who wrote (792)5/27/1999 7:35:00 PM
From: Captain Jack  Read Replies (1) of 942
 
Our volume was about 20% higher than avg today as people dropped the ask and ran for the door. Too many are afraid Uncle Al is going to raise the rate and companies will die I guess. Others are afraid Y2K will cause their investments to vanish... I see fear in the hearts of many. My guess is the will force us down to a P/E of 22 - 28 and keep it there. A new 52 week low may arrive tomorrow... or next week. I try to hold dead money and not sell with the masses but I also try not to buy issues that may stagnate for some time. All the positives with this company and it still tanks does not bode well for any term it is being held for. The general mkt will keep it down. Any run to the high 60s this summer will see me exit with a small loss to come back prior to the masses next spring. Otherwise I hold!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News