Idenix Pharmaceuticals (IDIX)

[flatlander_60048]

I was long NVS long before IDIX, which is a good thing given the valuation hair cut IDIX has taken relative to when NVS bought in. NVS and Roche are the cream of BP in my opinion. Although, the disparity in the pipelines that was so evident over the past few years is not as obvious this year.

I frequently wonder whether Vasella intends to make good on his promise to step down and retire in a couple years. NVS appears to have irons in the fire for several potential high growth areas. I'd like to see Dan stick around long enough to see things through.

Thanks for your work to in developing these informative boards.

Have a Happy Holidays.

FL