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


To: Sonny McWilliams who wrote (18681)3/25/1998 10:46:00 AM
From: Sonki  Read Replies (2) | Respond to of 27012
 
LLY is now where i sold off last summer and want to get back into it.
Pls. read BELOW when u have more time, it looks really bad for lly but
it's one stock of the drugs i don't have. If wla falls more i will buy more.

go intel ...$110. (i have to do M.'s job)
oh. btw: i only buy SUNW to hedge my msft portfolio. it's better then buying MSFT puts. (kidding, I don't need to protect my msft).

BELOW

RESEARCH ALERT - Eli Lilly downgraded

NEW YORK, March 25 (Reuters) - Salomon Smith Barney said on Wednesday it lowered its rating on shares of Eli Lilly and Co to outperform from buy.

-- Analyst Christina Heuer said in a research note the launch of Lilly's raloxifene, or Evista, its drug to prevent osteoporosis, has been disappointing.

-- She lowered 1998 Evista sales estimate to $180 million from $375 million and 2002 Evista sales estimate to the $2 billion level from the $3 billion level.

-- ''Unfortunately Lilly's new drug launches are sparse until 2001, when a burst of six is anticipated,'' she said. ''So there are no other major new drug introductions to
make up for the shortfall in Evista.''

-- Heuer said she had thought a large pool of post-menopausal women who had discontinued estrogen replacement therapy due to breast cancer risk would flock to
Evista to prevent osteoporosis, but this has not occured.

-- Shortfall in Evista increases Lilly's exposure to Prozac generic cannibalization risk, she said.