Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (16099)	3/8/2007 8:04:10 PM
From: Paul Senior	Read Replies (1) \| Respond to of 78625

Looks like I overstayed my welcome at Laboratory Corp. of America: Stock plummeted recently from $81 to $68+ today on word the company lost an apparently big contract. As I consider it now, the forward p/e of LH is much higher still (according to Yahoo info.) than the p/e's of pharma and med. device makers that I'm currently looking at, and the prospects of the latter seem somewhat better than the propects for LH. I've closed my remaining LH shares today, and am considering other alternatives (maybe even PFE again) (In 9/23/03 @ $28.60; out $68.43) finance.yahoo.com