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Biotech / Medical : WPI Watson Pharmaceuticals -- Ignore unavailable to you. Want to Upgrade?


To: Doughboy who wrote (55)7/16/1999 11:26:00 AM
From: Doughboy  Read Replies (1) | Respond to of 61
 
I'm about to increase my holdings in Watson. This stock is now trading at 20x earnings with a 20% growth rate. Where else can you find a quality, S&P 500 company trading at a PEG ratio of 1 or below. There has been nothing so far to justify the collapse of this stock. Just unsubstantiated rumors. Earnings and quarterly reports have all been stellar this year and yet we're down more than 40% off the highs. I expect that WPI will be back at 50 by year end.

Who will join me?

Doughboy.