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Conference nyoss1::market_investing

Title:Market Investing
Moderator:2155::michaud
Created:Thu Jan 23 1992
Last Modified:Thu Jun 05 1997
Last Successful Update:Fri Jun 06 1997
Number of topics:1060
Total number of notes:10477

129.0. "Glaxo....." by SWAM1::HERRING_LA () Thu Mar 26 1992 21:44

    Does anyone out there own "Glaxo"?? Just wondering what fellow holders
    of the stock think of the recent performance and future performance!!
    
    Regards,
    
    Larry Herring @CWO
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129.1Stock symbol = GLXEICMFG::AJKAnton J. Kuchelmeister, @UFCFri Mar 27 1992 02:322
    No holder, - but their stock symbol is GLX
    
129.2NICCTR::BURTONCRAY Y-MP EL Product ManagerFri Mar 27 1992 07:504
I was considering them about a year ago, but the P/E was too high.  Maybe 
things have changed now.

Jim
129.4GLX -what is your time horizon?MCIS1::BONVALLATFri Mar 27 1992 18:1910
 I'll concur with the last note.
 I think Glaxo has been and is an exceptional long-term holding,
 but I don't like it short-term.
 On the charts, its looking weak, being dragged down in part by
 a weakening British stock market. 

 Its a favorite stock of the portfolio manager of the Janus Twenty fund.
 He expects tremendous earnings growth over the next few years.  I may
 buy GLX myself after (if) we see more correction near-term.
129.5good stuff.LUDWIG::LOGSDONTue May 05 1992 22:063
    They make great medicine. That maybe a good reason to buy.
    
    Dennis
129.6EPIK::FINNERTYThe bug stops hereWed May 06 1992 13:244
    
    there's an interesting piece in Barron's this week on Glaxo, Merck,
    Syntex, and a few other drug companies.  The author felt that they were
    now undervalued, and liked Glaxo and Merck in particular.
129.7now?ZENDIA::FERGUSONYour recipe is so tastyWed Aug 18 1993 11:4012
Revisiting this topic...........



	Glaxo rallied yesterday along with other drug company stocks.
	it is trading at a near 52-week low...
	yesturday: 16 and change...

	any comments/speculation on the stock's future performance?

	how does the health care issue in Washington play in with this one?

129.8not much!BROKE::SHAHAmitabh "Drink DECAF: Commit Sacrilege"Wed Aug 18 1993 11:5811
	Re. .7
	
	> how does the health care issue in Washington play in with this one?

	I would suspect not too much. The share of the US operations of 
	Glaxo's worldwide market is smaller (compared to those of the US-based
	pharma. companies). 

	Glaxo's performance will be determined by what new products they have
	in the pipeline and when do the patents on their major drugs like
	Zantac expire. (I don't know the answers to either of them.)
129.9CLARID::JENSENFri Aug 20 1993 10:188
    
    re .-2
    
    It is not only Glaxo which has shown an upward trend. Also Welcome
    and Merck have rallied lately.  Drug companies in general are now
    rated a buy by many brokers.
    
    				/Soren