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Replies to #37430 on Biotech Values

DewDiligence

11/15/06 1:54 PM

#37455 RE: genisi #37430

> TEVA – the stock keeps going down in Tel-Aviv as well as here. Is it the fear that TEVA will not grow? The new CEO?<

Yes and yes. Not to mention fear of lower prices, fear of war, and fear of fear.

The current price looks like it’s close to a buying opportunity and I may pull the trigger if it gets any lower. I’ve been out of TEVA for exactly one year to the day (#msg-8503693). Since I sold, the share price is down by 25% while the business is better than ever. Regards, Dew