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Biotech / Medical : Watson Pharmaceuticals -- Ignore unavailable to you. Want to Upgrade?

To: JohnSK who wrote (67)	3/19/1998 1:50:00 AM
From: FNS	Respond to of 83

Thought I'd take a peak at this thread since I own a few shares of WPI with the Royce Labs buyout! Just bought more at 40 1/2 based upon fundamentals and company business potential. Also, the chart looks great and couldn't resist....didn't even bother to consider the PE (as some of the previous posts commented!) since I don't pay too much attention to PE ratios! and haven't got years for the PE to get down to 15!!! Also, the sector is doing well and hope WPI continues strong! If one is looking for stocks out of favor with low PEs (5-13)I suggest you look at WDC, SEG, QNTM, RDRT, APM, and CS...of these CS may have the more immediate potential of moving higher....the others, DD makers, etc. may need more time (1-2 qtrs) before perking up! (IMHO) Good luck to all. FNS