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Author: oroughy Three stars, 500 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 71  
Subject: Re: Some random thoughts Date: 3/13/2003 5:39 PM
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Hi, again, Lake (& others) -- I see all the factors you mentioned as positives, except the part about generics being an extremely competitive industry. (small float doesn't bother me b/c it goes hand in hand with the stock not being well known yet, and it's not a *super* small float; the bear market is obviously true, but may only mean this is a good time to buy, and actually, LCI has been bucking the bear -- a really good sign.)

One of my other stocks, Watson Pharmaceuticals (WPI) is a generic maker. They are much bigger than LCI, and they got that way by focusing on generics that are hard to make; few other generic manufacturers compete with Watson's lineup because it's a pain in the @#$ to try. Maybe LCI has a specialty like that, which is one of the things I hope to figure out. I will do some digging as I have time.

Hey, Zack -- bold call on AVR. Very interesting company. Way too small for me to jump in, but I am going to keep an eye on it.

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