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Lannett Company, Inc. Message Board

  • bobbobwhite bobbobwhite Nov 1, 2002 12:37 PM Flag

    I like LCI

    but won't chase it. Will wait for a substantial pullback to get in, which will occur.

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    • LCI did have a 50% pull back in July, but I think most of that was attributable to the market re-testing the lows. A move back to the 50 day MA would be a nice entry point.

      Remember, LCI added Digoxin (generic to Glaxo's Lanoxin) to it's lineup late August, so it's too early to tell what the impact has been on this q's earnings. But LCI and Bertek are the only two generics for this, and the market is $125 mill. Assuming a selling price 50% of Lanoxin, and a 25% market share, annual sales would increase by $15 mill, or roughly 42%. Not too shabby. The flip side could be that instead of not chasing LCI, you could be kicking yourself saying damn, I could have had LCI at $13. Trailing PE is 19, forward (my guess) is around 13.


    • You maybe right on the puulback, but IMHO I wouldn't look for a "substantial" pullback unless something in the pipeline falls through.
      Their earnings have been strong and they seem to be a quiet company who just do what they do and let the numbers speak for themselves.
      Like I said this is just my Honest Opinion, but something they did caught your attention...........

      Good Luck

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