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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: Jerry Olson who wrote (2712)5/23/1998 12:50:00 PM
From: Stockjet  Read Replies (1) of 9523
 
Options Jerry: re: <<Everybody should sell now:>> I'm surprised that this news of 6 deaths spooked you. What happened to your famous quote?: "Noise, it's just Noise!" IMO, this is just noise. In the target population, 6 deaths and more are expected. I predict that every man (and every woman) who takes Viagra will die.

I think there's no benefit in this news for VVUS. Hearing this news did not give me an urge to plunge a suppository up my urethra. It did remind me, however, to stop at my neighborhood Publix pharmacy and get a double refill of Viagra. Twenty 50 mg pills for $172.49.

I think the near term effect of this news is over by Tuesday. I want to be long or long calls just ahead of the next earnings report. In the final analysis, earnings is what's important. I don't see how they can be anything other than better.

I took profits in December 100 LEAPS a few weeks ago. I'm going back into them Tuesday at this bargain price.

Stockjet.
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