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

To: Anthony Wong who wrote (790)	5/27/1999 7:16:00 PM
From: Captain Jack	Read Replies (1) \| Respond to of 942

Tony-- the way it acted all the way down the high 50s look a bit high. If an overall mkt correction hits while it is in this depredded state it will see HIGH 40s. Drugs have been acting bad. WLA goes down no matter which way the mkt moves and even good news hardly slows it down... IMO too late to sell and much too early to add. Probably will break 60 tomorrow. IMO there are better issues to buy especially if we see a correction, but a little WLA should be held... do not look for the high 60s to 70s any time soon. I do not believe it will see its old high for a lot longer than 2 years. Too bad as it is the best company in the sector...