Earnings growth has been surprisingly low for drug stocks and there is more of that to come as we go through a cycle of patent expirations. But I think the stocks are close to being washed out and if you have patience they will do quite well over a longer period of time.
|
I do believe in magic. I was born and raised in a magic time, in a magic town, among magicians. When I was twelve, the words was my magic lantern, and by its green spirit glow I saw the past, the present, and into the future. We all start out knowing magic. We are born with whirlwinds, forest fires, and comets inside us. We are born able to sing to birds and read the clouds and see out destiny in grains of sand. But then we get the magic educated right out of our souls. We get it churched out, spanked out, washed out, and combed out. We get put in the straight and narrow and told to be responsible. Told to act our age. Told to grow up, for God
|