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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: hotlinktuna who wrote (10329)7/31/2002 4:09:07 PM
From: Dave Gore  Read Replies (2) | Respond to of 16631
 
DRUG STOCKS ---- KG up 8%, IVX up 11%! ADVP up only 2% but had a killer earning report a few days ago and exc. guidance.

Let's watch these for follow-thru Thurs. and Fri. The senior benefits package is dead and the next election is 2.4 yrs. away. These guys are way down with very reasonable PE's, PEG's and PTS.

They haven't come close to warning and are growing at +20% in almost any ecomony, yet down as much as 65% off 52 weeks highs.