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| 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 |
257.0. "Wellcome PLC" by TPSYS::SHAH (Amitabh Shah - Just say NO to decaf.) Tue Jul 28 1992 16:47
The holding trust of the British drug maker, Wellcome PLC (also the
parent company of Burroughs-Wellcome) made an initial offering
yesterday at 15.25.
At about 15, is this a good stock to get into for the long term?
I have wanted to put some money away in a reasonably good drug stock
but find that the prices of many are high enough to be able to buy
chunks of 200-300, some even 100.
B-W has a cash cow in AZT now, but what about the upcoming competition
in AIDS drugs? What are the other major products of B-W?
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