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Biotech / Medical : PFE (Pfizer) How high will it go?
PFE 25.74+0.1%Nov 28 9:30 AM EST
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To: Richard Ogier who wrote (1749)4/29/1998 9:44:00 AM
From: Brian Malloy  Read Replies (1) of 9523
 
1. I think one should be cautious about extrapolating out to far and building valuation based on best case scenarios. Viagra being a 10B dollar drug is possible, but you must ask yourself how probable?

2. What if the market only ends up being a 5B dollar market?

3. Also, consider that at least one and perhaps two other oral ED drugs are in Phase III. There is too much money to be made here and competitiors will come in, as they have with statins, anti-depressants, anti-histamines and so forth and so on.
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