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.
Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: t2 who wrote (2952)4/7/2001 9:32:21 PM
From: jim black  Read Replies (1) | Respond to of 74559
 
Drugs???!!! Oh, my...I'm a semi-retired neurologist. So allow me to rant in answer to your question
re: drug stocks...first let me ask you a question. Do you have any idea how much it now costs the average drug company from patent to making subject drug available the first day at your local pharmacy? Take a guess
starting at millions, say 10 0r 30 or 55 or 150 or 250 (million, I mean)...try 450. Now I next pose for you the question
of who is going to pay for all these wonders that were the subject of a cover article in a recent Time Magazine.
Medicare does not pay for drugs. Neither party had that one clearly ironed out before this last joke of an
election. So say you come down with Martin Sheen's charachter's disease in "The West Wing"...it is MS, and the
standard treatment if you are lucky enought to have insurance coverage is a Avonex, a weekly shot, made by Biogen, at ~$850/month, and there is a new competitor from Europe breathing down their backs...Will they
lose their markets...answer in the wings...did they make their $450 million investment back with interest...
Conclusion form one in the trenches for 25 years... there is no way Merck is going to sell all those wonder drugs
at prices and for long enough for you to put your money into pe 40+ stocks...JMHO.
Good luck with any of 'em, Merck, Biogen, Amgen, Pfizer, J&J, fill in the blank
jim black



To: t2 who wrote (2952)4/9/2001 12:37:47 AM
From: tradermike_1999  Respond to of 74559
 

Interested in opinions from those predicting doom and gloom. A small part of me thinks that they may have a point or that their concerns may be valid (not convinced yet). Just wondering how these other defensive and energy sectors would fit into that scenario

The doom and gloom is already here. The only question is how long will it last. Energy stocks appear to be topping out or consolidating at the moment. Don't see a big move in store for them now.


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