Len Yaffe
Len Yaffe
companies deliver earnings low meet sector seen stocks washed
Drug sector stocks are so washed out now that when companies deliver earnings that meet expectations, even low expectations, that's seen as a relief.
company emerge
Lilly to us is going to emerge as the drug company of the decade.
companies incidents isolated patent pipeline problems
There's isolated incidents of companies (warning) because of patent expiration or pipeline problems or both, but they are very isolated.
entitled higher maximize paid price trying
Warner-Lambert is trying to maximize the price paid for the company. They think that they are entitled to a higher price, and this facilitates that.