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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Frederick Langford who wrote (2610)11/1/2001 6:07:12 PM
From: Zeev Hed  Respond to of 99280
 
Thanks, Frederick, I read it and expected worse (from their prior warning) At $16 I am paying about a PE of 32 on last year earnings, and since I expect then next two years (next year less than 2003) to be rapid growth years (with their self launched products instead of reliance on Novartis), I think it is not a bad price. I'll be selling again in the $19/$21 range. Gee, it has just jumped above $17, they must have gone fishing for this OB of mine earlier.

Zeev


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