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Biotech / Medical : wla(warner lambert) -- Ignore unavailable to you. Want to Upgrade?

To: Anthony Wong who wrote (824)6/15/1999 12:07:00 AM
From: Captain Jack  Respond to of 942
 
Tony-- even great news cannot slow the bloodletting (pun intended). The blood is not yet finished running in the street. WLA will see 50s soon. It will take longer than a year to recover as no one is going to hold high p/e issues for awhile... no matter how good WLA it will suffer with other individuals issues, the sector, and the gen mkts. The bonds rate and potential to appreciate just added 18 months onto retracing to the 70s..



To: Anthony Wong who wrote (824)6/15/1999 12:57:00 PM
From: R. Ramesh  Read Replies (3) | Respond to of 942
 
Tony,

I know that WLA (and drugs in general) are not wall street darlings now. However their FA has not changed much. So I am looking to add but not sure when and where. Do you have any ideas/comments where WLA may be heading before the reversal/basing happens?

Thanks
Ramesh


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