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Biotech / Medical : PFE (Pfizer) How high will it go?
PFE 25.34-1.4%3:51 PM EST

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To: BigKNY3 who wrote (2682)5/21/1998 11:02:00 PM
From: Anthony Wong  Read Replies (2) of 9523
 
This kind of profit-taking action and downward pressure on PFE is but a blip when viewed several months later. Nothing can disguise the fact that Viagra would be a wildly popular drug, and would bring billions of revenue to PFE. I watched a TV report today that in Taiwan they are selling Viagra in the black market for US $50 per pill, and the counterfeit pill (same kind of blue, same shape) is selling for the same price. Even Pfizer (Taiwan) couldn't differentiate between the two pills. It's a huge hit in Taiwan, and advertisements for their sale are in all the newspapers, though the drug is not yet approved there.

I'm more concerned about the counterfeit pills; goodness knows what's in those pills (hopefully just placebos). Report said that Pfizer (Taiwan) is accelerating their action in applying for approval of Viagra in Taiwan.
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