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

To: billkirn who wrote (913)	12/18/1999 2:00:00 AM
From: vpelt	Respond to of 942

billkirn, I agree with you. Let's see the deal before jumping on PFE's bandwagon. Just go to the PFE thread. Read what its shareholders were saying about management last summer. Couldn't even get the company to let us know when they were going to announce earnings. Here are a couple of examples: Message 10545798 (btw, I bailed in Oct, the one day it was up and I'm not sorry) Message 10542809 I've owned both (WLA since '92) and if PFE takes over I'll take the quick buck their takeover offers and move on. vpelt

To: billkirn who wrote (913)	12/22/1999 2:44:00 PM
From: john dodson	Read Replies (1) \| Respond to of 942

Excellent point. Consider what would happen if PFE were successful in ousting the current WLA board, and install one that is sympathetic to their cause. If that happened under current conditions, there would be no need to raise their offer. In fact they could even reduce their offer to 2 shares, since even that is currently higher than the AHP offer. Good thinking. I do think that they'd at minimally go for the 2.5 shares offer. Then again, the value there is pretty much inline with where WLA is currently trading. It's almost as if the market is totally ignoring AHP's measly offer. -John Dodson