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Abbott Laboratories Message Board

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  • ocrepitis ocrepitis Mar 5, 2006 2:53 PM Flag

    Donde esta der Plute ?

    Ponte- Aok _- Phy- Spec, et al,
    "Mega Pharma" encompassing Bio-Tech, Pharmacology as well as diagnostics and delivery systems is just around the corner. The reason I post this is to ask how you all see ABT working into this.
    ABT already has a working arraingment with Takeda, how strong it is remains to be seen. It seems that ABT & companies like GSK, Astra or even Saofi along with Japanese counterpart makes sense? What are your thoughts?

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    • I do not have an opinion long term here, but it seems this stock is 10-15% undervalued here.

      T/A speaking, nice uptrend, and given the weakness in the sector in the last few weeks, a nice bounce seems almost a given.

      My short term target is in the $47-$48 range. then we will have to see fundamentals for a move higher.

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