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Biotech / Medical : PFE (Pfizer) How high will it go?
PFE 25.79-0.9%Dec 8 3:59 PM EST

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To: Anthony Wong who wrote (5015)8/19/1998 3:40:00 PM
From: Uncle Frank  Read Replies (2) of 9523
 
Anthony, Thanks for keeping the thread updated with all the news fit to print about Pfizer products. I like the London Times long term forecast of $5B world wide for Viagra, though I think their figure of $1.5B in 1999 is too low. I thought Pfizer sold over $400M of Viagra in 2Q98 in the US alone and we are about to see the market expanded to Asia, Europe, etc. Wouldn't that make a projection for 1999 much higher than $1.5B, or am I missing some fine point?

The 5 day chart on pfe looks promising (http://quote.yahoo.com/q?s=PFE&d=5d). Do you think we're seeing the start of an upward trend, or are we just bouncing around with the market? Sales from Pfizer's expanding geographical markets for Viagra will start filtering to the p&l at the end of this quarter, and the (efficient) market is supposed to be anticipating that type of event.

Frank

btw, it looks like your large cap strategy is working. Congratulations on csco and intc.
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