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Abbott Laboratories Message Board

  • surenotsure surenotsure May 10, 1998 5:42 PM Flag

    Pre split blues

    This stock seems to be a favorite of mutual
    funds. I still believe this stock will be a 40-42 dollar
    post split. Still on all the down days ABT has managed
    to hold the $70-72 range. Not being a tech this to
    me says that's very positive. We're still 19 days to
    split. Bet we'll hit in the high 70's by the 25th. This
    is only a guess. (maybe more hope than guess) Also
    remember the drugs stocks are off their highs. Some down
    10%+ ABT down 6-7%
    Remember drugs are not a
    favorite sector now. When we are expect a 15% rise. My
    tech's and Telco's are out of favor, heck all my stocks
    are out of favor today. Long run they go up more than
    they come down.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Do you think that Abbott could get rid of one of
      its divisions so as to make acquisitions in another
      one? As of today DuPont is looking to spin off Cononco
      and use the cash to move more strongly into life
      sciences, specifically neutriceuticals which is what Ross
      is concentrated in.

      This is all strictly
      speculation but it does seem to be a good fit.

37.46+0.05(+0.13%)Feb 8 4:00 PMEST