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To: Sonki who wrote (19086)4/18/1998 2:18:00 AM
From: Sonny McWilliams  Read Replies (1) | Respond to of 27012
 
Sonki. Yes, Mam. I try not to ask you again about those stocks. But do you really expect me to remember all your stocks? gg. What happened to lifer Csco? I think the last time you warned me about asking about a stock, it was Intel and I did not ask you about that one today. How about posting all your stocks again so I can put them above my cpt for remembrance? gg.

Pfe. Like I mentioned in my earlier post to you I am sure Pfe will go up further. But I was a bit leery of buying it today. The trouble is momentum players can get this baby too high fast for my likings. As I said earlier, I may wait for the repeat purchase statistics to come out. What they mean by a flash in the pan is kind on that track. What I mean is, I would like to see if customers will buy that drug over and over again. If you remember VVUS, part of the problem was that there were not enough repeat prescriptions in the beginning, meaning customers did not come back for second or third helpings. gg.

ICN. I used to own it way back. It was a hot item at one time. It ran all the way to heaven and then plunged into the very low teens, could have been even lower. I have not paid any attention to it after that but will check it out for you.

Yes, I believe that WLA has a long way to go. BTW, I bought more Merck the other day at 121 and saw it rise to 123 just to watch it come down again. But it recovered some late today.

Lly, which you did not ask about, could be a very good buy also. Their drug coming out next week I think, is being talked about as being good for the heart also, so that may be a further plus in the future. I have to check on that again. It's kind of hard, even for me, to keep up with all those new drugs and who brings them on the market and what they are for. There are quite a few good drug cos. out there now but I don't feel like investing in all of them. I am thinking of getting more of Alza. I would like to ask you if you still have Mylan but I am scared now. You may direct a bullet at me. gg.

Be careful of buying a lot of things. I think we may be getting a little down draft if the market goes up another 100 points, who knows, maybe even before. Should that be the case things will probably be picking up again in May. If I remember past history it would then go down again and peak in July. It always does that when I am at the beach in Ocean City without a computer. I feel pretty sure that we will get into the 10.000 area before we get a lull again. That number will only come true IMO if Asia does not throw a monkey wrench into our stock market. And watch the interest rates. We don't want them to go much over 6%. I did not like those trade figures today. CNBC showed our Commerce Undersecretary Shapiro on TV today. He looked sooooo uncomfortable to me and far away while he was telling us that he does not believe that Japan has a policy in place of dumping a lot more goods on us. But the fact is that we had a terrible trade deficit number of over 12 billion again and over 5 billion is due to Japan. It almost looks like we are in the late 80's again. Otherwise things look fairly decent at this point.

Sonny