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Post# of 251587
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Re: None

Friday, 02/05/2016 6:29:34 AM

Friday, February 05, 2016 6:29:34 AM

Post# of 251587
Why should one buy EGRX over MNK, AMAG or GILD which all trade at ridiculous P/Es? Both AMAG (at JPM) and MNK beat Q4 and raised 2016 guidance recently.

I think in this environment staying away from Biotechs with no earnings is probably a good idea.

At the same time trying to figure out which cheap Biotech to buy is not easy either. EGRX has the highest forward P/E of the 4 listed below. Is the expectation (here) that this 2016 analyst consensus for EGRX too low?

http://finance.yahoo.com/q/ae?s=EGRX+Analyst+Estimates

http://finance.yahoo.com/q/ae?s=AMAG+Analyst+Estimates

http://finance.yahoo.com/q/ae?s=MNK+Analyst+Estimates

http://finance.yahoo.com/q/ae?s=GILD+Analyst+Estimates

Thanks

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