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Biotech / Medical : PFE (Pfizer) How high will it go?
PFE 25.710.0%Nov 28 12:59 PM EST

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To: Jerry Olson who wrote (2655)5/21/1998 1:51:00 PM
From: Richard Ogier  Read Replies (1) of 9523
 
It seems pretty clear to me what Chris is talking about: June 125 calls.

But I think the stock will go back up tomorrow as everyone realizes today's news about nitroglycerin is not really news. It is laughable that the press jumps on a routine warning reiteration as if it is shocking news. (The warning has always been on the label!) It really makes the press look bad. Walter Cronkite is probably rolling his eyes upward.

Richard
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