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Biotech / Medical : PFE (Pfizer) How high will it go?
PFE 25.29-1.6%3:59 PM EST
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To: zurdo who wrote (1787)4/29/1998 4:58:00 PM
From: Perry  Read Replies (4) of 9523
 
The script data for Viagra for this week and especially next week will clearly show the idiots on Wall Street that Viagra sales are not going to be reduced due to the lack of insurance support. Viagra is definatley going to be purchased by individuals regardless of 100% reimbursement. People spend billions a year on over the counter medicines that are not covered by insurance and similarly Viagra will be looked upon by most individuals as a small yet necessary expense. I'm holding my PFE the long term and expect it to rebound back or at least stabilize at these levels.

Good luck.
Perry

PS, it's clear that the insurance companies have done their own research and have determined that Viagra will continue to be a hit and therefore they have taken this action.
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