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Biotech / Medical : Eli Lilly -- Ignore unavailable to you. Want to Upgrade?

To: Anthony Wong who wrote (425)	11/24/1998 11:50:00 AM
From: Anthony Wong	Read Replies (1) \| Respond to of 642

LLY - Gruntal & Co. upgrades pharmaceutical concern from "hold" to "buy" on a more favorable outlook for its recent divestitures of its pharmacy benefits subsidiary, higher profit margins, a stronger cash position, and its transformation to a pure drug company; establishes a new price target of $108 a share..... {From Sonki's post at the MRK thread}

To: Anthony Wong who wrote (425)	11/27/1998 12:08:00 PM
From: Bull-like	Read Replies (5) \| Respond to of 642

Anthony, I just came back from a vacation in sunny Orlando Florida, have had a hell of fun times, yes, including the Mouse World. By the way, they just had this new "Fantasmic" Show in Disney-MGM studios, it's absolutely fantastic! Can't miss it! OK, back to the stock, I think this market is full of bubbles here and there. Still love my big-pharmas though. I don't see the world economy, yes including U.S., has made any dramatic changes in the last several weeks. IT's really psychotic, I am gonna just hold on to my big-caps. I think by the spring of 1999, people will realize how overly confident they have become. LLY reached the 90 bucks target, now what? I have absolutely no clue about the short-term. I only know that long-term, this thing will go up. Have you got a chance to take a look at WFC? Da bull