Zeev's Turnips Patch-No Politics (ZEEV)

[DlphcOracl]

MustBePatient: With regards to FRX.....

I cannot begin to guess where the bottom for FRX is. I have come to the conclusion that ALL of the pharmaceutical companies are lousy investments ---- the big pharmas as well as the generics. The generics have a very narrow moat, are going to be constantly squeezed by the Federal government to give their drugs away to help relieve the Medicare/Medicaid mess (because the government is too hopeless to get a handle on this looming crisis by themselves), and have a very narrow time window to profit from a generic drug that they introduce.

I suppose one can play it for a bounce sometime in the future, but why bother. There are better and much smaller stocks to play bounces with.

P.S. Incidentally, I do not know much about Forest's lawsuit with IVAX.