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.

Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: Sonki who wrote (13783)	12/1/1997 6:10:00 PM
From: W. Clinton Terry	Read Replies (1) \| Respond to of 27012

Sonki: I would wait a bit until it bottoms and you are sure it bottoms, unless of course you have some throw away money. It would be helpful to know whether WLA is going to withdraw the drug from the market. It would seem that it would since Glaxo withdrew it. Since this drug accounts for 17-20 of revenues, the current price drop may have factored that in. Maybe not. I did not see much indication today that it had reached the bottom. I will be buying again when it bottoms. Just an opinion. Hope you are well. Clinton

To: Sonki who wrote (13783)	12/1/1997 6:24:00 PM
From: Sonny McWilliams	Respond to of 27012

Sonki, I know WLA looks attractiv and I said it should be a good buy now, but do not be too hasty. Check it out some more, I know I will. I am not sure about this 8% revision. I heard a lot higher or it could have been only in that particular drug. Some analysts are calling for a target of 90, so it should be a buy now. gg. The co. said all this is overdone. The side effect of this diabetes drug is not that widespread and can be reversed. They were surprised that Glaxo cancelled this drug. Anyhow, don't jump in with both feet before looking more carefully. I will do that also and get back to you by tomorrow. But if you are confident and read a lot of positiv things, don't let my feet dragging stop you from buying it now. BTW, I had posted a while back that I am out of GLM. I sold once it came back to 32. I did not get into it further since I saw the posts from D1 to you about the drillers. Coms is coming back also. Do you still own any? Sonny

To: Sonki who wrote (13783)	12/2/1997 3:23:00 AM
From: Richard Nehrboss	Respond to of 27012

Sonki, What was the quality of those 8.6 bonds you found? I too sold CSCO calls and will now get called away. This is one of my long term buy and holds. It performs like an animal. An argument can be made that the PE is too high, but only time will tell. The market may be creating new standards for PE's. I think the PE for the S&P is now over 24.... Wow! Moral... I'm not pleased to have CSCO called. As per the length of a bear. I think the stat's are readily available. Anyone happen to have them. For example number of times market was down in successive years. Hopefully some more elaborate info than that. Thanks Richard