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Stocks L / Lannett Company
|Subject: Re: LCI what's up||Date: 10/20/2004 11:07 PM|
|Author: LakeEffect||Number: 53 of 71|
I wish I knew the answers! :)
I think it's a bad time for pharmaceuticals in general. Both the political and economic climate are tough for drug companies right now. And a small cap like Lannett can swing wildly with relatively little action.
Plus, the whole Farber/Perrigo buyout arrangement was handled extremely poorly this past summer. Farber is an octagenarian, so we shareholders need to pay attention to the inevitable changing of the guard.
I am in agreement, though, that health care and pharmaceuticals are growth industries as the baby boomers age. I suspect generics will play an ever-increasing role as costs become a more important issue.
So for now I hold and watch....
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