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Biotech / Medical : PFE (Pfizer) How high will it go?
PFE 25.67-0.8%3:59 PM EST

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To: Z Analyzer who wrote (2056)5/5/1998 3:49:00 PM
From: Perry  Read Replies (2) of 9523
 
With all due respect I'll stick with my brokers analysis that clearly points out that valuations for PFE is not excessive based on the P/E premium. However, like I said we'll know in a few months who is right.

Good luck.
Perry

BTW, earnings may be earnings but clearly if Viagra earns more than you estimate, then the so called winfall may be added to R&D which basicaly in the long run will make or break any pharmaceutical company. This is basically what WLA CEO said. i.e. that the lipitor earnings will help them increase the R&D.
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