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Stocks L / Lannett Company

URL:  http://boards.fool.com/i-wish-i-knew-the-answers-i-think-its-a-bad-21477095.aspx

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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