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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?


To: Jim Battaglia who wrote (6594)1/10/1999 8:51:00 AM
From: OldAIMGuy  Read Replies (1) | Respond to of 18928
 
Thanks Jim, It looked too much like a "sector thing" to ignore. Luckily AIM has been happily taking profits recently. I've sold shares of CHIR and BMY most recently. BSX has had its own problems that were compounded by the Fall sell-off. It's recovered nicely from lows, but hasn't yet triggered any AIM sells. Of the three, it's the only one that's lean on Cash Reserve.

Overall, this might begin a P/E contraction for the group. That might not be pretty. All the big funds own large amounts of Pharms.

Best regards, Tom