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Biotech / Medical : wla(warner lambert) -- Ignore unavailable to you. Want to Upgrade?

To: Greg Jenkins who wrote (437)	1/20/1999 11:17:00 PM
From: Mark Peterson CPA	Read Replies (1) \| Respond to of 942

Greg, thanks for WLA post. Based on the projected earnings in the post of $1.46 per share in 1998 and $1.92 per share in 1999, WLA is effectively trading at 44 times trailing earnings and 34 times 1999's expected future earnings. It's been awhile since you could purchase a stock with this earnings growth rate and market dominance at these PE ratios. IMO, it looks like the right time to increase the size of any current investment position. I did.