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Strategies & Market Trends : YEEHAW CANDIDATES -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (12822)10/24/2005 6:59:47 PM
From: John Metcalf  Read Replies (2) | Respond to of 23958
 
"DNA will more than likely move above the 50dma but it's showing Resistance there. I don't have much of an opinion on it. Maybe Bernard or John Metcalf can help."

Wonderful company; rich valuation. For $92B, you could buy either Amgen or Genentech, but DNA will have to triple its earnings to have valuation metrics equal with AMGN. It's just not likely that a $92 B company can grow that fast. It's already worth six times as much as General Motors -:) In fact, you could buy Ford, GM, and Daimler-Chrysler for the market cap of DNA, and still have $10B left; perhaps to pick up an airline or two.